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Tuesday, March 29, 2016

BUSINESS LAW UCC

 March 29, 2016     No comments   

BUSINESS LAW UCC


1. Whatis the UCC? What is its legal impact ?

2. Whatis a sale? What is a good? Who is a merchant?

3. Whatlaw applies when a contract has both goods and services involved?

4. Howmay a contract for sale or lease of goods be made?

5. Whatis meant by open terms?

6.Whencan goods be identified?

7. Whatis title to goods?

8. Discuss when the insurable interest of goods occurs in a shipment contract? Ina destination contract?

9. Whengoods are delivered without moving them when does the insurable interest occur?

10. Whendoes the risk of loss occurs in a movement of goods case? When no movement ofgoods occurs?

11.. Whatare the obligation of the seller in a sales or lease contract?

12 Whatare the obligations of a buyer in a sales or lease contract?

13. Whatis the perfect tender rule?

14. Whathappens when the goods are destroyed without the fault of either the purchaseror seller before the risk of loss passes to the buyer or lease?

15. Whatare the rights of buyer/purchaser in a sales contract?

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