?Seller of goods may only recover for lost profits if the contract price/market price differential is inadequate.

Answer the following statement true (T) or false (F)


True

UCC § 2-708(2)

Legal Studies & Paralegal

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Disbursements are expenses incurred on behalf of the client.?

Answer the following statement true (T) or false (F)

Legal Studies & Paralegal

What authority did the court in Rush Johnson Farms, Inc v. Missouri Farmers Association rely on most heavily to decide that farmers are "merchants" under the U.C.C.?

A) a dictionary definition of the term "merchant" B) the comments to the U.C.C. which define the term "merchant" C) the language of the U.C.C. itself D) a reasonable, common understand of what the term "farmer" means

Legal Studies & Paralegal

Waters that are dispersed throughout an underground soil layer or layers, but do not flow through an existing water channel are:

a. Underground streams b. Saturated waters c. Percolating groundwaters d. Mineral spring waters

Legal Studies & Paralegal

Mechanics’ and materialmen’s liens can never be waived. 

Answer the following statement true (T) or false (F)

Legal Studies & Paralegal