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

A) True
B) False

Correct Answer

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

A) True
B) False

Correct Answer

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

A) True
B) False

Correct Answer

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A legal treatise is used as a _________ source of the law. ​


A) primary
B) mandatory
C) secondary
D) legislative

E) A) and B)
F) None of the above

Correct Answer

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C

UCITA stands for the Uniform Comprehensive Information Transactions Act.

A) True
B) False

Correct Answer

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Consumer protection laws can be passed by


A) a state legislature.
B) the U.S. Congress.
C) the federal government only.
D) both a and b.

E) A) and B)
F) A) and C)

Correct Answer

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Article 2 of the Uniform Commercial Code governs which of the following? ​


A) Leases
B) Secured transactions
C) Sales
D) Commercial paper

E) A) and D)
F) All of the above

Correct Answer

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The common law of contracts was created by


A) the legislature.
B) the executive.
C) judges
D) attorneys

E) A) and D)
F) A) and C)

Correct Answer

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

A) True
B) False

Correct Answer

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

A) True
B) False

Correct Answer

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The Uniform Commercial Code consists of __________ articles.


A) twelve
B) eleven
C) ten
D) nine

E) None of the above
F) B) and D)

Correct Answer

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The Uniform Commercial Code consists of


A) articles.
B) chapters.
C) sections.
D) both a and c.

E) B) and C)
F) A) and D)

Correct Answer

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E-Sign is a law created by


A) a state legislature.
B) the U.S. Congress.
C) the president of the United States.
D) none of the above.

E) A) and D)
F) A) and C)

Correct Answer

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Stare decisis is a Latin term that means


A) "stand by the thing decided."
B) "stand by the precedent decided."
C) "stand for the decision."
D) "stand for the case decision." ​

E) B) and C)
F) C) and D)

Correct Answer

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The Restatement of Contracts was created by


A) judges.
B) lawyers.
C) law professors.
D) all of the above.

E) B) and C)
F) None of the above

Correct Answer

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

A) True
B) False

Correct Answer

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UCITA has only been passed by two states.

A) True
B) False

Correct Answer

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

A) True
B) False

Correct Answer

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Corbin wrote the only legal treatise on contracts.

A) True
B) False

Correct Answer

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False

Matching

Premises
Case law that is followed by other judges and courts.
State law relating to electronic signatures.
Generic state of the law.
The law of contracts created by the ALI.
Federal law relating to electronic signatures.
Set of books that provide samples for drafting documents.
Scholarly interpretation of the law.
The law based upon English traditions and created by judges to settle disputes arising out of contractual relationships.
Federal consumer protection law.
Commercial law that contains articles.
Responses
legal treatise
Electronic Signatures in Global and National Commerce Act (E-Sign)
restatements
black letter law
common law
Uniform Electronic Transaction Act (UETA)
precedent
Uniform Commercial Code
formbook
Magnuson-Moss Warranty Act

Correct Answer

Case law that is followed by other judges and courts.
precedent
State law relating to electronic signatures.
Uniform Electronic Transaction Act (UETA)
Generic state of the law.
black letter law
The law of contracts created by the ALI.
restatements
Federal law relating to electronic signatures.
Electronic Signatures in Global and National Commerce Act (E-Sign)
Set of books that provide samples for drafting documents.
formbook
Scholarly interpretation of the law.
legal treatise
The law based upon English traditions and created by judges to settle disputes arising out of contractual relationships.
common law
Federal consumer protection law.
Magnuson-Moss Warranty Act
Commercial law that contains articles.
Uniform Commercial Code

Showing 1 - 20 of 21

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