Examlex
When may a party be considered a "merchant" under the UCC?
Spelling Mistake
An error in the arrangement of letters within a word, leading to incorrect spelling and sometimes misunderstanding.
Illegality of Object
The principle that a contract is void if it involves actions or outcomes that are illegal or against public policy.
Cocaine
Cocaine is a powerful stimulant drug derived from the leaves of the coca plant, often used recreationally for its euphoric effects but illegal in many jurisdictions.
Rescission
The act of cancelling a contract, returning all parties to their pre-contractual state, often due to mistakes, fraud, or misrepresentation.
Q28: The Magnuson-Moss Act requires a minimum limited
Q36: If a contract does not clearly specify
Q36: Which statement is true regarding the adequacy
Q51: Can Zelda reject the shipment because of
Q53: What is the term for the kind
Q57: Which of the following best describes Elton's
Q58: Which statement is true regarding both the
Q82: List the exceptions to title warranties.
Q84: Which of the following occurs when the
Q88: Liquidated damages are identified before a contract