Under the Uniform Commercial Code, If the Time, Place, and Manner

question 58

Multiple Choice

Under the Uniform Commercial Code, if the time, place, and manner of delivery of goods are not mentioned in a contract, ________.

• A) the place of delivery is the buyer's place of business
• B) the contract is void for lack of definiteness
• C) the place of delivery is the seller's place of business
• D) the seller is obligated to pay for shipping to the buyer's place of business

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Definitions:

Liability

Refers to the state of being legally responsible for something, particularly in reference to debts or legal obligations.

ULPA

A high-efficiency air filter standard known as Ultra Low Particulate Air, capable of removing at least 99.99% of dust, pollen, mold, bacteria, and other airborne particles.

Limited Partner

An investor in a partnership who is not involved in daily business operations and whose liability is limited to the amount of their investment.

Withdraw

To remove oneself or something from consideration, participation, or engagement in a particular activity, agreement, or situation.