1. What is a sale?
2. What are goods?
3. Why should internet sales be taxed? Why should internet sales not be taxed?
4. What is a good associated with real estate?
5. What happens if goods and services are combined - does the UCC or common contract law prevail? Why?
6. Define and list the qualifications of a merchant.
7. Brief Jannusch v. Naffziger.
8. Define a lease agreement.
9. List the three elements of a consumer lease.
10. Regarding UCC, Art 2 and 2A, describe the formation of a sales and lease contract.
11. What happens in business law if there are "open terms"?
12. What happens in business law if a party does not specify a sales price?
13. Describe a requirements contract.
14. Describe a merchant's firm offer.
15. How can acceptance of an offer be communicated?
16. Can additional terms to a contract in business law be added to a contract for a sale of goods?
17. Does consideration also apply to sales and lease contracts? Why or why not?
18. When does modification without consideration require a writing?
19. When does the statute of frauds apply to sales and lease contracts?
20. What special rules exist for contracts between merchants?
21. Brief Glacial Plains v. Lindgren.
22. What is the parole evidence rule?
23. What is a course of performance rule in business law?
24.What three options are available to the court if a business law contract is unconscionable?
25. What does identification of the good mean in contract law and why is it important?
26. When and how does title pass when goods are shipped from a manufacturer to a customer?
27. Can delivery occur without movement of goods in contract law?
28. Who bears the risk of loss when a contract is breached?
29. What does "cure" mean in business law contracts?
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