Commercial Law Quizzes, Questions & Answers
Top Trending Commercial Law Quizzes
This quiz covers the basics of secured transactions under the Uniform Commercial Code, Article 9. It is intended as review for the Bar Exam.
Questions: 18 | Attempts: 1818 | Last updated: Mar 20, 2025
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Sample Question 1Which UCC Aricle governs secured transactions?
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Sample Question 2What defines default in a secured transaction?
This UCC quiz for MGT 225 covers key aspects of the Uniform Commercial Code, focusing on sales and lease contracts, merchant status, and contract requirements for goods.
Questions: 26 | Attempts: 171 | Last updated: Mar 14, 2025
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Sample Question 1Uniform Commercial Code (UCC) Section 2-105 defines __________ as "all (tangible) things...which are movable at the time of identification to the contract for sale."
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Sample Question 2_________ are governed by Article 2 of the Uniform Commercial Code (UCC) , while Article 2(A) governs __________ contracts.
Recent Commercial Law Quizzes
This Transportation Law quiz assesses understanding of commercial law issues in transportation settings. It covers liability clauses, carrier responsibilities, and contractual stipulations in shipping scenarios, focusing on...
Questions: 7 | Attempts: 382 | Last updated: Mar 19, 2025
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Sample QuestionA cargo ship of X Shipping, Co. ran aground off the coast of Cebu during a storm and lost all its cargo amounting to Php50 Million. The ship itself suffered damages estimated at Php80 Million. The cargo owners filed a suit against X Shipping but it invoked the doctrine of limited liability since its vessel suffered an Php80 Million damage, more than the collective value of all lost cargo. Is X Shipping correct?
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