ANSWER ALL TEN QUESTIONS COMPLETELY
1. What Common Contracts have encountered in your personal and professional life, explain experience. Explanation should include topics involving (Common law contracts and the UCC Article 2) you are comfortable with, the topics you struggled with, and how this topics relate to the common contracts.
1a. What is implied warranty under UCC Article 2? Also provide examples.
1b. What is expressed warranty under UCC Article 2? Also provide examples.
1c. What are the differences between implied and express warranties under UCC Article 2? Provide examples and remember to support your examples.
1d. Provide at least four remedies for contract breach available under UCC Article 2 and how they can be used in any given situation?
1e. What are the UCC principles of good faith to sales contracts? Explain
1f. What are the UCC principles of reasonableness to sales contracts? Explain
2. How are the UCC requirements different for a merchant versus a non-merchant? Provide examples and remember to support your response.
2a. How does the UCC define a good? Explain
2b. How does the UCC define a merchant? Explain