Uncle Isaac Has Had Some Difficulty in a Sale-Of-Goods Contract

question 97

Multiple Choice

Uncle Isaac has had some difficulty in a sale-of-goods contract and wants to know if there are any mistakes in the information he has received with regard to the remedies for breach of such a contract. Indicate the true statement.

• A) Once the seller of the goods has given up possession of them to the buyer, he has lost his right to sue.
• B) A court will award a remedy only if there was a breach of warranty.
• C) An unpaid seller who has possession of the goods has a lien on those goods. That is, he can hold the goods.
• D) The Sale of Goods Act excludes the possibility of the equitable remedy of specific performance.
• E) If there has been a breach of contract, the purchaser is only entitled to tort remedies.

---

Definitions:

Central Tendency

A statistical measure that identifies a single value as representative of the middle or center of a distribution of data.

Mean

A statistical measure representing the arithmetic average of a set of numbers, calculated by adding all the numbers and dividing by the count of those numbers.

Correlational

Correlational research refers to a type of non-experimental study designed to identify the relationship or association between two or more variables, without implying causation.

Statistical Results

Outcomes derived from the application of statistical methods, often used to infer conclusions from data.