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How do employment contracts apply to ucc

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Reference no: EM131164389

1. The doctrine of imputed liability generally makes the employee liable for which acts of the agent?

A Intentional acts

B Criminal acts

C Negligent acts

D No acts

2. UCC does not cover which three types of transactions?

A Electronic commerce, real estate, and services

B Employment contract, services, and real estate

C Goods, services, and real property

D Agents, subscriptions, and memberships

3. A person in the position of a seller may withhold or stop a delivery, as well as _____________ (UCC 2.705-710).

A List the buyer on excluded parties

B Recover

C Stop the contract

D Recover incidental damages

5. Written warnings and labels on the sides of lawn mowers are this type of warranty.

A Hold harmless

B Implied

C Express

D Merchantability

6. UCC does not apply to

A Payment

B Statute of frauds

C Employment agreements

D Common law

7. This comes from UCC 2-401 and means a sale which is accomplished by the making of the contract.

A Warranty

B Goods

C A present sale

D Insurance

8. Even if a party is a genuine independent contractor, the principal may be held liable under the theory of

A Respondeat superior

B Imputed liability

C Negligent hiring

D Ipso facto

9. How do employment contracts apply to UCC?

A Oral contract provisions

B UCC does not cover employment contracts, there is no guidance

C Gap fillers

D Department of Labor

10. If an action is to be executed, the UCC allows for this action and time to be constrained as

A Specified only by a date certain

B A reasonable time not manifestly unreasonable may be fixed by agreement

C Shipping delivery standards

D Both parties must agree

11. The term "representative and agent" was discussed. What predominantly is the function for this business action?

A They have money

B They are "empowered"

C This person is connected

D Their actions are leg

12. Conduct can become acceptance if

A A sale occurred but wasn't paid

B If there was a breach

C Both parties agree it is sufficient to recognize the contract

D Delivery occurred

13. This term means a document evidencing the receipt of goods for shipment issued by a person engaged in the business of transporting or forwarding goods.

A Instrument

B Invoice

C Notice

D Bill of lading

14. What concept do the UCC and the premise of good business apply continuously?

A Good faith

B Floating lien

C Merchantability location

D Jurisdiction

15. To be effective in rightful rejection (UCC 2-606) of a delivery, the buyer must

A Provide notice prior to five years

B Provide an email after delivery

C Notify after opening the shipment

D Be seasonal, providing notice within a reasonable time based on the goods

Reference no: EM131164389

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