QUESTION 17 Daniel contracts with Julian to provide him expert legal advice on t
ID: 355626 • Letter: Q
Question
QUESTION 17 Daniel contracts with Julian to provide him expert legal advice on the sale of his business. Daniel's contract with Julian is governed by Article 2 of the UCC. O Article 2A of the UCC. Contract case law, as the UCC would not apply to this type of contract since it is not a contract for the sale of goods. O Article 6 of the UCC. Glen owns a musical instrument store. He agrees to sell Artie an antique clarinet worth more than $2,500. Artie agrees to buy the clarinet and signs a contract for the purchase. The actual price of the clarinet, however, is left out of the contract. Under Article 2 of the UCC, in this situation: Othere is no contract because parties cannot leave the price term out of the contract under the common law of contracts. e sa Cotrartas t ry O there is a contract, but only if Artie is able to produce evidence that Glen defrauded him. there is a contract, but only if Glen refuses to name a price.Explanation / Answer
17. Answer: Third option; Contract case law, as the UCC would not apply to this type of contract since it is not a contract for the sale of goods.
Explanation:
In order to apply the rules under UCC, the contract should involve the sale of goods and other commercial transactions and the contracts made for services are governed by the common law of contract. In this case, the contract made to provide expert legal advice comes under service and hence it is covered by common law of contract.
18. Answer: second option; there is contract as long as the court can determine a reasonable price at the time of delivery
Explanation:
Under Article2 of UCC for the sale of goods, the open price term states that the parties can conclude a contract for sale even if the price is not settled. If nothing is said as price, the price is a reasonable price at the time of delivery.As the actual price of the clarinet is not mentioned in the contract, the price would be reasonable price at the time of delivery which can be determined by the court.
19. Answer: second option; The gap filling provisionof the UCC dictates that Artie, the buyer, would take delivery of the clarinet at Glen’s store.
Explanation:
Under Article 2 of UCC, in the absence of specified place for delivery, the place for delivery is the seller’s place of business. In this case Glen is the seller and hence buyer Artie should take the delivery from Glen’s store which is the place of business in the absence of specified place for delivery.
20. Answer: second option; will be covered by article 2 of the UCC
Explanation:
Article 2 of the UCC covers the sale of goods, which are tangible and movable at the time of sale. In this case, the copper sold by Lyndon to Hubert is tangible and movable and hence the sale is covered under the Article 2 of UCC.
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.