LAW 421 Final Exam - LAW 421 Final Exam Answers | Studentwhiz.com

DQ 1. How does the UCC define a good? How does the UCC
define a merchant? How are the UCC requirements different
for a merchant versus a nonmerchant? Provide examples.
DQ 2. What are the UCC principles of good faith and
reasonableness to sales contracts? What are the different ways
that title transfers under UCC Article 2? Which party bears the
risk? What distinguishes a sale on approval, sale on
consignment, and sale or return under UCC Article 2?
Individual Assignment
Read the “Theory to Practice” section at the end of Ch. 6 of the
text.
Answer Questions 1 through 6 based on the scenario in the
“Theory to Practice” section, and complete the following in
your response:
· At the end of the scenario, BTT states that it is not
interested in distributing Chou’s new strategy game, Strat.
Assuming BTT and Chou have a contract, and BTT has breached
the contract by not distributing the game, discuss what
remedies might or might not apply.
· Explain your answers and refer to Section 7-6 in Ch. 7 for
support.
Submit your answers.