Civil Law Questions

Vehical wholesale company and Walt's retail Motors enter into a contract for a sale of used cars. Vehical wholesale assures Walt's that it has valid title to the vehicles. Under the UCC, warranties of title arise

A contract may include a clause stating that damages will be limited to a maximum amount.

express warranties can be found in a seller's brochure

Spuds Corporation buys from Tater Farms, Inc., a potato crop that Tater plans to plant andharvest during the next growing season. Spuds plans to sell the potatoes to Tasty Foods Restaurants.After the potatoes are planted, but before they are harvested, an insurable interest in the crop existsin

Every sell or lease by a merchant who deals in goods of the kind sold or leased automatically gives rise to a waranty of merchantibility

Beth's Bagels & Noah inc. and other bakeries refer to a "baker's dozen" as consisting of a collection of thirteen baked goods. This is...

Orchid and Peony enter into a contract for the sale of Orchid's textbook at the end of the fall semester for which Peony agrees to pay Orchid $75. Peony wants to transfer her right to payment for the book to Queenie. This transfer

Under the UCC, parties to sales and lease contracts are free to establish whatever terms they wish.

In sales law, an express warranty is an assurance by one party of the existence of a fact on which the other party can rely

Any explicit understanding between the buyer and the seller determines when title passes.

If the parties to a contract for the sale of goods have not agreed on a price, a court will determine a reasonable price at the time for delivery

Gliding Light, LLC, and Hang Gliders, Inc., are parties to a contract. They subsequently agree that High Riders Inc. should take Gliding Light's place and assume all of its rights and duties under the contract. This is

River Gear Company and Scenic Trips, Inc., enter into a contract on August 1 for the sale of fifty inflatable river rafts. Scenic cancels the contract ten days later. River Gear is unable to sell the rafts to another buyer. River Gear can

If an owner holds fungible goods as tennants in common, he or she can pass title without actually separating the goods.

When a merchant keeps the goods for the buyer to pick up, the risk of loss passes when the buyer actually takes possession of the goods.

To be characterized as a "good" under the UCC, an item of property must be moveable and tangible

Under the UCC, good faith means honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade.

A seller with voidable title has the power to transfer good title to a good faith purchaser for value.

Copper Conduit, Inc., and Dependable Electric Company sign an agreement that provides for the payment of "$1,000 by whichever party commits a material breach of the contract that creates damages difficult to estimate but approximately $1,000." This is

Arnold buys a backhoe from Big Dig Equipment Inc. Arnold is unaware that Credit Collection Company holds a lien against the backhoe when he buys it. If Credit Collection repossesses the backhoe, Arnold can