Questions from Business Law


Q: What is an exclusive dealing contract?

What is an exclusive dealing contract?

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Q: What are the ethical values underpinning antitrust laws, and why are

What are the ethical values underpinning antitrust laws, and why are those laws applied to tying arrangements in particular?

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Q: In what circumstances might a tying arrangement be considered procompetitive?

In what circumstances might a tying arrangement be considered procompetitive?

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Q: What is the difference between legal and ethical standards? How are

What is the difference between legal and ethical standards? How are legal standards affected by ethical standards?

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Q: If a contract calls for a sale or lease of goods that

If a contract calls for a sale or lease of goods that are already in existence, when does identification take place?

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Q: In a transaction for a sale of goods subject to a shipment

In a transaction for a sale of goods subject to a shipment contract, when does title pass?

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Q: What determines who suffers a financial loss if goods are damaged,

What determines who suffers a financial loss if goods are damaged, destroyed, or lost?

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Q: Who bears the risk of loss when a sales or lease contract

Who bears the risk of loss when a sales or lease contract is breached?

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Q: What can a party to a sales or lease contract obtain to

What can a party to a sales or lease contract obtain to protect against a financial loss if goods are damaged, destroyed or lost?

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Q: Under the UCC, in the case of a merchant, what

Under the UCC, in the case of a merchant, what does “good faith” mean?

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