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Question
The UCC differs from the United Nations Convention on Contracts for the International Sale of Goods (CISG) in that:
A. the UCC does not require contracts to be in writing, CISG requires contracts for the sale of goods in excess of $500 to be in writing.
B. the CISG applies to the sale of consumer transactions while the UCC governs both consumer and commercial transactions.
C. the UCC holds merchants to higher standards in some circumstances, while the CISG does not make a distinction between merchants and non-merchants.
D. the CISG applies to both consumer and commercial transactions, while the UCC applies only to commercial sales of goods.
Answer
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Related questions
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A. provides civil penalties against those who knowingly and willfully violate CPSC rules even after being issued notification by it.
B. allows only the U.S. attorney general to sue for injunctive relief or the seizure of products to enforce various provisions of the act.
C. permits any private party to sue for an injunction to enforce any CPSC rule or order, if, at the time of the suit, the commission or the attorney general has begun an action based on the alleged violation.
D. allows those injured because of a knowing and willful violation of a CPSC rule or order to sue for damages if the amount in controversy exceeds $100,000.
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A. firearms
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A. alters statutes of limitations or other state-created limitations on the consumer's enforcement of claims and defenses.
B. states that all defenses available to the purchaser against the seller can also be available against the holder in due course.
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D. creates a warranty claim or defense where the product is sold "as is."
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The Equal Credit Opportunity Act:
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A. coinsurance clause
B. pro rata clause
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B. usually allows the insured to recover the difference between the limits stated in the policy and the fair market value of the property.
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A. the trust will automatically fail.
B. the court will direct the application of the property to some charitable purpose that falls within the settlor's general charitable intention.
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B. may not enter the leased property during the term of the lease.
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D. may not interfere with any matter concerning the property.
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A. tenancy at will
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B. is a check drawn by a bank on an individual's funds.
C. is a draft on which the drawer or drawee are the same bank.
D. is a draft drawn by a bank on another bank or payable at or through a bank.