When Article 2 Is Silent on an Issue of Sales

question 49

Multiple Choice

When Article 2 is silent on an issue of sales contract formation or interpretation and there is no state statutory law in place on that matter, which law applies?

• A) The common law rules
• B) The civil law rules
• C) Federal common law
• D) Federal statutory law
• E) The Uniform Sales Act

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Definitions:

Predictive Agent

A software agent or algorithm that uses data analytics to predict future events or trends.

Buyer Agent

A person or software that assists individuals or organizations in purchasing products or services, often by negotiating prices, terms, and conditions.

Predictive Agent

A system or program that uses data analysis and modeling to forecast future events or behaviors, helping in decision making and strategic planning.

Weak AI

Artificial intelligence designed for a narrow task, lacking consciousness or self-awareness, and functions based on rules or data.