What Type of Transactions Are Governed by the Uniform Commercial

question 46

Multiple Choice

What type of transactions are governed by the Uniform Commercial Code?

• A) Contracts for the sale of goods.
• B) Contracts for services.
• C) Contracts for the sale of land.
• D) Any commercial contract,whether for goods,services,or land.

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Definitions:

Lucy V. Zehmer

A landmark legal case in contract law where the Virginia Supreme Court held that a written agreement to sell land, made despite the seller's apparent intoxication, was enforceable.

Joking

The action of telling jokes or acting in a humorous manner, often to entertain others.

Outward Manifestations

External expressions or actions by a party indicating intent to adhere to the terms of an agreement or contract.

Master Of His Offer

This implies that the individual making an offer has complete control over the terms until it is accepted.