Questions from Business Law

Q: Explain how title passes and discuss how bills of sale, bills

Explain how title passes and discuss how bills of sale, bills of lading, and warehouse receipts are involved in the passing of title.

Q: Explain the law governing title to lost or stolen goods and sales

Explain the law governing title to lost or stolen goods and sales by persons having wrongful possession of goods.

Q: How can a contract for future goods provide price flexibility for the

How can a contract for future goods provide price flexibility for the seller and, at the same time, provide predictability to the buyer?

Q: Bell Microproducts Inc. mailed to McGurn an offer of employment that

Bell Microproducts Inc. mailed to McGurn an offer of employment that stated that if McGurn was terminated without cause during the first 12 months of employment, he would receive a severance package w...

Q: Why is it important to determine when title passes?

Why is it important to determine when title passes?

Q: A contract for sale with the right of return gives the buyer

A contract for sale with the right of return gives the buyer both title to the goods and the opportunity to return the goods to the seller at a later time. What are the benefits to the seller of this...

Q: When a contract provides for the sale of goods subject to the

When a contract provides for the sale of goods subject to the buyer’s approval, the transaction is a sale on approval. What are the benefits to the buyer of this type of sales transaction?

Q: Explain both sellers’ and buyers’ remedies for breach of contract.

Explain both sellers’ and buyers’ remedies for breach of contract.

Q: Provide examples of four kinds of express warranties and three kinds of

Provide examples of four kinds of express warranties and three kinds of implied warranties.

Q: Explain disclaimers of implied warranties and the requirements for them to be

Explain disclaimers of implied warranties and the requirements for them to be legally valid.