Do Revised Article 2 (Sales)and Revised Article 2A (Leases)change Any

question 14

Multiple Choice

Do Revised Article 2 (Sales) and Revised Article 2A (Leases) change any of the risk of loss rules?

• A) No, the Revised Articles do not change the risk of loss rules, but change passage of title rules.
• B) No, the Revised Articles do not change the risk of loss rules, but include rules for electronic sales and lease contracts.
• C) Yes, the Revised Articles change the risk of loss rules back to the common law rules.
• D) Yes, the Revised Articles change the risk of loss rules, so that the seller carries the risk of loss until the buyer receives the goods.
• E) Yes, the Revised Articles change the risk of loss rules, so that the common carrier bears the risk of loss of goods while they are in transit.

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Definitions:

Right-To-Work Law

Legislation that prohibits union security agreements between companies and workers' unions, allowing individuals in the workforce to work without being compelled to join a union.

Union Shop

A place of employment where nonunion workers may be employed for a trial period of not more than 30 days, after which the nonunion workers must join the union or be discharged.

Closed Shop

A place of employment in which the employer, by agreement, hires only union members in good standing.

Public Employees

Individuals employed by government entities at the federal, state, or local level.