Question 1

The leading hornbook for contracts is Calamari and Perillo on Contracts (5th ed. ThomsonWest Publishing 2003)written by Joseph M. Perillo.

Accepted Answer

The statement is correct.

Question 2

UCITA stands for the Uniform Comprehensive Information Transactions Act.

Accepted Answer

UCITA stands for the Uniform Computer Information Transactions Act.

Question 3

Corbin wrote the only legal treatise on contracts.

Accepted Answer

Arthur Linton Corbin was a highly influential American legal scholar in contract law, but he did not write the only legal treatise on contracts. There are several other notable treatises on contract law, including those by Samuel Williston and others.

Question 4

Stare decisis is a Latin term that means&#10;A)&#34;stand by the thing decided.&#34;&#10;B)&#34;stand by the precedent decided.&#34;&#10;C)&#34;stand for the decision.&#34;&#10;D)&#34;stand for the case decision.&#34; &#8203;

Accepted Answer

Stare decisis is a legal principle that means "stand by the thing decided," indicating that courts should adhere to precedents and not disturb settled matters.

Question 5

The law of domestic sales in the United States is usually governed by Article 2 of the U.C.C.

Accepted Answer

This statement is true. Article 2 of the U.C.C. (Uniform Commercial Code) governs contracts for the sale of goods in the United States.

Question 6

UCITA has only been passed by two states.

Accepted Answer

UCITA, the Uniform Computer Information Transactions Act, has only been passed by two states: Maryland and Virginia.

Question 7

Electronic transactions are&#10;A)state law.&#10;B)federal law.&#10;C)all of the above.&#10;D)none of the above

Accepted Answer

Electronic transactions are governed by both state and federal laws. For example, in the United States, the Uniform Electronic Transactions Act (UETA) is adopted at the state level, while the Electronic Signatures in Global and National Commerce Act (E-SIGN Act) is a federal law. Both sets of laws facilitate and recognize the legality of electronic signatures and records.

Question 8

Consumer protection laws can be passed by&#10;A)a state legislature.&#10;B)the U.S. Congress.&#10;C)the federal government only.&#10;D)both a and b.

Accepted Answer

Consumer protection laws can be passed by both a state legislature and the U.S. Congress. State laws can provide additional protection on top of federal laws, but they cannot conflict with federal laws. Federal laws typically provide a baseline of protection for consumers throughout the country.

Question 9

The Uniform Commercial Code consists of&#10;A)articles.&#10;B)chapters.&#10;C)sections.&#10;D)both a and c.

Accepted Answer

The Uniform Commercial Code (UCC) is organized into articles and further divided into sections within those articles, making both options A and C correct.

Question 10

The common law of contracts is the law created by state legislatures.

Accepted Answer

The common law of contracts is a body of law that has evolved over time through court rulings and decisions, not created by state legislatures.

Question 11

The Restatement of Contracts was created by&#10;A)judges.&#10;B)lawyers.&#10;C)law professors.&#10;D)all of the above.

Accepted Answer

The answer of The Restatement of Contracts was created by&#10;A)judges.&#10;B)lawyers.&#10;C)law...

Question 12

The Uniform Commercial Code contains seven articles, with Article 2 focusing on sales.

Accepted Answer

The answer of The Uniform Commercial Code contains seven articles,...

Question 13

E-Sign is the electronic signature law passed by the U.S. Congress.

Accepted Answer

The answer of E-Sign is the electronic signature law passed...

Question 14

The only Restatement of law produced by the American Law Institute is on contracts.

Accepted Answer

The answer of The only Restatement of law produced by...

Question 15

A legal treatise is used as a _________ source of the law. &#8203;&#10;A)primary&#10;B)mandatory&#10;C)secondary&#10;D)legislative

Accepted Answer

The answer of A legal treatise is used as a...

Question 16

Warranty requirements can be found in the Magnuson-Moss Act.

Accepted Answer

The answer of Warranty requirements can be found in the...

Question 17

E-Sign is a law created by&#10;A)a state legislature.&#10;B)the U.S. Congress.&#10;C)the president of the United States.&#10;D)none of the above.

Accepted Answer

The answer of E-Sign is a law created by&#10;A)a state...

Question 18

The Uniform Commercial Code consists of __________ articles.&#10;A)twelve&#10;B)eleven&#10;C)ten&#10;D)nine

Accepted Answer

The answer of The Uniform Commercial Code consists of __________...

Question 19

The common law of contracts was created by&#10;A)the legislature.&#10;B)the executive.&#10;C)judges&#10;D)attorneys

Accepted Answer

The answer of The common law of contracts was created...

Question 20

Article 2 of the Uniform Commercial Code governs which of the following? &#8203;&#10;A)Leases&#10;B)Secured transactions&#10;C)Sales&#10;D)Commercial paper

Accepted Answer

The answer of Article 2 of the Uniform Commercial Code...

Question 21

Match between columns&#10;                        Premises: Case law that is followed by other judges and courts. &#10;Case law that is followed by other judges and courts. &#10;Case law that is followed by other judges and courts. &#10;Case law that is followed by other judges and courts. &#10;Case law that is followed by other judges and courts. &#10;Case law that is followed by other judges and courts. &#10;Case law that is followed by other judges and courts. &#10;Case law that is followed by other judges and courts. &#10;Case law that is followed by other judges and courts. &#10;Case law that is followed by other judges and courts. &#10;State law relating to electronic signatures. &#10;State law relating to electronic signatures. &#10;State law relating to electronic signatures. &#10;State law relating to electronic signatures. &#10;State law relating to electronic signatures. &#10;State law relating to electronic signatures. &#10;State law relating to electronic signatures. &#10;State law relating to electronic signatures. &#10;State law relating to electronic signatures. &#10;State law relating to electronic signatures. &#10;Generic state of the law. &#10;Generic state of the law. &#10;Generic state of the law. &#10;Generic state of the law. &#10;Generic state of the law. &#10;Generic state of the law. &#10;Generic state of the law. &#10;Generic state of the law. &#10;Generic state of the law. &#10;Generic state of the law. &#10;The law of contracts created by the ALI. &#10;The law of contracts created by the ALI. &#10;The law of contracts created by the ALI. &#10;The law of contracts created by the ALI. &#10;The law of contracts created by the ALI. &#10;The law of contracts created by the ALI. &#10;The law of contracts created by the ALI. &#10;The law of contracts created by the ALI. &#10;The law of contracts created by the ALI. &#10;The law of contracts created by the ALI. &#10;Federal law relating to electronic signatures. &#10;Federal law relating to electronic signatures. &#10;Federal law relating to electronic signatures. &#10;Federal law relating to electronic signatures. &#10;Federal law relating to electronic signatures. &#10;Federal law relating to electronic signatures. &#10;Federal law relating to electronic signatures. &#10;Federal law relating to electronic signatures. &#10;Federal law relating to electronic signatures. &#10;Federal law relating to electronic signatures. &#10;Set of books that provide samples for drafting documents. &#10;Set of books that provide samples for drafting documents. &#10;Set of books that provide samples for drafting documents. &#10;Set of books that provide samples for drafting documents. &#10;Set of books that provide samples for drafting documents. &#10;Set of books that provide samples for drafting documents. &#10;Set of books that provide samples for drafting documents. &#10;Set of books that provide samples for drafting documents. &#10;Set of books that provide samples for drafting documents. &#10;Set of books that provide samples for drafting documents. &#10;Scholarly interpretation of the law. &#10;Scholarly interpretation of the law. &#10;Scholarly interpretation of the law. &#10;Scholarly interpretation of the law. &#10;Scholarly interpretation of the law. &#10;Scholarly interpretation of the law. &#10;Scholarly interpretation of the law. &#10;Scholarly interpretation of the law. &#10;Scholarly interpretation of the law. &#10;Scholarly interpretation of the law. &#10;The law based upon English traditions and created by judges to settle disputes arising out of contractual relationships. &#10;The law based upon English traditions and created by judges to settle disputes arising out of contractual relationships. &#10;The law based upon English traditions and created by judges to settle disputes arising out of contractual relationships. &#10;The law based upon English traditions and created by judges to settle disputes arising out of contractual relationships. &#10;The law based upon English traditions and created by judges to settle disputes arising out of contractual relationships. &#10;The law based upon English traditions and created by judges to settle disputes arising out of contractual relationships. &#10;The law based upon English traditions and created by judges to settle disputes arising out of contractual relationships. &#10;The law based upon English traditions and created by judges to settle disputes arising out of contractual relationships. &#10;The law based upon English traditions and created by judges to settle disputes arising out of contractual relationships. &#10;The law based upon English traditions and created by judges to settle disputes arising out of contractual relationships. &#10;Federal consumer protection law. &#10;Federal consumer protection law. &#10;Federal consumer protection law. &#10;Federal consumer protection law. &#10;Federal consumer protection law. &#10;Federal consumer protection law. &#10;Federal consumer protection law. &#10;Federal consumer protection law. &#10;Federal consumer protection law. &#10;Federal consumer protection law. &#10;Commercial law that contains articles. &#10;Commercial law that contains articles. &#10;Commercial law that contains articles. &#10;Commercial law that contains articles. &#10;Commercial law that contains articles. &#10;Commercial law that contains articles. &#10;Commercial law that contains articles. &#10;Commercial law that contains articles. &#10;Commercial law that contains articles. &#10;Commercial law that contains articles.

Accepted Answer

The Answer of restatements and legal treatise and Uniform Electronic is...

Deck 1: Contract Law: a General Introduction