1. What is an irrevocable offer under the Uniform Commerce Code?
2. Under the Uniform Commerce Code, name three things that are required to expressed in a sales contract to satisfy the statute of frauds?
3. The provisions of the Uniform Commerce Code were drafted with the goal of promoting the what of a sales contract?
4. Name two factors that may indicate the formation of a contract under Article 2?
5. When one who is regularly engaged int he sale of a particular type of good offers to hold open an offer to sell the goods with an explicit promise in writing, this is a?
6. Under the Uniform Commerce Code, name two things that are not required to be expressed in a sales contract to satisfy the statute of frauds?
7. The Uniform Commerce Code's statute of frauds requires which of the following contracts to be in writing in order to be enforced?
8. Miami Beach Surf Shop sends a purchase order to Beach Wear Manufacturing for 500 pairs of "Extreme Board Shorts" bathing suits by December 1. Beach Wear sends back an acknowledgement letter that includes an arbitration clause in the event of a dispute. It the arbitration clause part of the contract?
9. Miami Beach Surf Shop sends a purchase order to Beach Wear Manufacturing for 500 pairs of "Extreme Board Shorts" bathing suits by December 1. The purchase order contains an arbitration clause. Beach Wear sends back an acknowledgement letter for the merchandise. What is included in the terms of the contract?
10. Miami Beach Surf Shop sends a purchase order to Beach Wear Manufacturing for 500 pairs of "Extreme Board Shorts" bathing suits by December 1. Beach Wear sends back an acknowledgement letter that includes an arbitration clause in the event of a dispute. Which of the following are the terms of the contract?