Answer Happy

42. The word “damages” refers to:
A - The compensation due to a non-breaching party to recover any
financial loss caused
by the breach
B - The money received for payment on the contract
C - The essential ingredient in every contract case in a court of
law
D - A and C
43. Consequential damages are:
A - A direct result of the breach of contract
B - An indirect breach of the contract
C - Are awarded as a punishment to the breaching party
D - Do not need to be foreseeable
44. The most secure transfer of real property is by the:
A - Grant Deed
B - Quit Claim Deed
C - Promise to transfer
D - Gift
45. Contracts for the sale of goods are outlined:
A - In the Federal Register
B - In the UCC Article 2
C - In the UCC Article 3
D - In the Federal Courts
46. The adoption of the UCC for Contracts for the Sale of Goods was
mainly:
A - To provide greater flexibility in the creation of sales
contracts
B - To clarify contracts for services
C - To make damage awards more predictable
D - None of the above