Sean has a right against Tanner and assigns it for value to Megan. Later, Sean gives Tanner a release. Megan:
a. will be unaffected by Sean's action.
b. may recover damages from Sean for breach of an implied warranty.
c. may recover damages from Tanner for breach of an implied warranty.
d. has lost her right and has no remedy.
b
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Mack writes a check to his maid, Marianne, in payment for services rendered. Marianne indorses the check in blank and gives the check to her masseuse, Janet, in exchange for a neck massage. Without indorsing the check, Janet gives the check to Martin, her newspaper carrier in payment for the next four month's delivery charges. Martin indorses with a special indorsement and negotiates the check to
his church, St. Mark. The church indorses the check and deposits it in its bank account. If Mack's bank later dishonors the check, to whom may St. Mark's look for recovery? a. Martin only b. Only Mack c. Mack, Marianne, Janet, and Martin d. Mack, Marianne, and Martin
Aggregating across products, retailers, or suppliers in a single order allows for a reduction in lot size for individual products because fixed ordering and transportation costs are now spread across multiple products, retailers, or suppliers
Indicate whether the statement is true or false.
Which of the following phrases could be registered as a trademark?
A)Crunchy peanut butter B)Low-fat peanut butter C)Green peas D)yStar peanuts
If the buyer has paid for the goods in advance but revokes his acceptance when the goods arrive, he:? A) can resell the goods
B) must prove the nonconforming defect was known at the time of the original acceptance. C) return them within ten (10 ) days and wait for the refund. D) may retain possession of the goods as security until the refund has been paid.