In a "Mixed" Contract for the Sale of Both Goods

question 38

Multiple Choice

In a "mixed" contract for the sale of both goods and services,the court will apply the contract rules of the UCC or of the common law,depending on whether:

• A)the contract price of the goods portion of the contract is $500 or more.
• B)the contract is in writing.
• C)the predominant purpose of the contract is goods or services.
• D)the parties are both merchants.

---

Definitions:

Opportunity Cost

Forgoing possible gains from alternative paths when one path is chosen.

Farmer

An individual engaged in agriculture, raising living organisms for food or raw materials.

Comparative Advantage

The ability of a party to produce a particular good or service at a lower marginal and opportunity cost than another.

Honduras

A country in Central America, characterized by its diverse landscapes, cultures, and history, but also known for its challenges with poverty and violence.