Buyer Rejection Under the Uniform Commercial Code

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Under Article 2, a seller must deliver goods that precisely meet the terms of the contract. This is known as which of the following?

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1. Which of the following is true of the UCC Article 2 section entitled Sales?

2. Blake orders and pre-pays for 30 cans of blue paint at ABC Paint Store. The paint store delivers 30 cans of red paint. Blake leaves a message for ABC Paint Store telling them about the problem but immediately goes to XYZ Paint Store and buys the 30 cans of blue paint he needs. Blake then sues ABC Paint Store in order to get his money back. Blake can't recover from ABC Paint Store because of which of the following reasons?

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About This Quiz & Worksheet

This quiz and worksheet combo gauge your understanding of buyer rejection under the UCC. You will be quizzed on the perfect tender rule, what constitutes acceptance of goods, the UCC rules for rejection of goods and how they differ with regard to installment contracts.

Quiz & Worksheet Goals

These assessments will test your understanding of the following:

  • Sellers meeting the terms of a contract under Article 2
  • A buyer's rights for a seller's failure to meet the terms of a contract
  • Practice problems involving the buying and selling of goods

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the related lesson on buyer rejection under the UCC
  • Interpreting information - verify that you can read information regarding Article 2 of the UCC and interpret it correctly
  • Information recall - access the knowledge you've gained regarding the UCC's rules for buyer rejection of goods
  • Problem solving - use acquired knowledge to resolve hypothetical issues regarding the UCC's rules for buyer rejection of goods

Additional Learning

To learn more about these economic principles, review the corresponding lesson called Buyer Rejection Under the Uniform Commercial Code. This lesson will help you:

  • Define the perfect tender rule
  • Distinguish between acceptance and rejection of goods under the UCC
  • Understand the four rules for a valid buyer rejection of goods under the UCC
  • Differentiate buyer rejection with respect to installment contracts
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