Jacob Offers to Sell Bill a Valuable Collection of Baseball

question 61

Multiple Choice

Jacob offers to sell Bill a valuable collection of baseball cards. In order for the transaction between Jacob and Bill to be considered a sale under the UCC,Bill

• A)mustpay for the cards in cash.
• B)must pay for the cards with services.
• C)may pay for the cards with cash,goods,or services.
• D)must pay the fair market value of the cards.

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Definitions:

Moral Guide

A set of principles or values that influence an individual's choices and behaviors, often based on societal, cultural, or personal beliefs.

Private Law

The branch of law that deals with relationships between individuals or institutions, rather than relations between these and the state.

Disputes

Conflicts or disagreements, often arising from differences in opinion, interests, or interpretations between individuals or organizations.

Individuals

Pertains to human beings as separate persons.