Law 421 Week 4 Complete Uop Exam Assignment

LAW 421 Week 4 Complete

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DQ 1. How does the UCC define a good? How does the UCC define a merchant? How are the UCC requirements different for a merchant versus a nonmerchant? Provide examples.

DQ 2. What are the UCC principles of good faith and reasonableness to sales contracts? What are the different ways that title transfers under UCC Article 2? Which party bears the risk? What distinguishes a sale on approval, sale on consignment, and sale or return under UCC Article 2?

Individual Assignment

Read the “Theory to Practice” section at the end of Ch. 6 of the text.

Answer Questions 1 through 6 based on the scenario in the “Theory to Practice” section, and complete the following in your response:

· At the end of the scenario, BTT states that it is not interested in distributing Chou’s new strategy game, Strat. Assuming BTT and Chou have a contract, and BTT has breached the contract by not distributing the game, discuss what remedies might or might not apply.

· Explain your answers and refer to Section 7-6 in Ch. 7 for support.

Submit your answers.

Please be sure to format your paper in APA format. Include a title page and a Reference page. All of the citations must be in APA formatting.

Discuss the following question with your teammates in the Learning Team Forum:

What are the remedies for contract breach available under UCC Article 2? What are the types of warranties available under UCC Article 2? How do you differentiate between implied and express warranties under UCC Article 2? Provide examples.

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