Consider Four Survivors on an Island

question 435

Multiple Choice

Consider four survivors on an island.

Which of the following pairs of survivors has a double-coincidence of wants?

• A) Ron with Alice, and Ron with Lee
• B) Alice with Lee
• C) Ron with Raymond
• D) None of the above are correct.

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Definitions:

UCC

Represents the Uniform Commercial Code, a complete collection of legislation that regulates every commercial transaction across the United States.

CISG

The United Nations Convention on Contracts for the International Sale of Goods, a treaty that establishes a uniform international sales law.

Contracts for the Sale of Goods

Legal agreements pertaining to the transfer of ownership of tangible personal property from a seller to a buyer for payment.

Forum Non Conveniens

A doctrine allowing courts to dismiss a case when another court, or forum, is significantly more appropriate to hear the case.