Ace, INC. sent goods f.o.b. to Tony. What does the shipment term f.o.b. mean?
Free on board
In the above SCENARIO 9.1A, Carmen may legally sell the goods because Carmen is what?
Merchant
In the above SCENARIO 9.1A, when Carmen makes a sale, what collection of federal laws deal with the sale, transfer and purchase of goods?
Uniform Commercial Code
RX Pharmaceuticals manufactures prescription drugs. The company used an additional ingredient that reduced the drug's quality. The FDA fined RX for doing what to a drug?
Adulterate it
Tony received goods COD. What does the term COD mean in a sales contract?
Collect on delivery
In the above SCENARIO 9.1A, Carmen has seasonal merchandise stored in an off premise facility. When goods are delivered to the storage facility, what document does Carmen get?
Warehouse receipt
Polly purchased a vacuum cleaner but was very displeased with the performance of the product. The first resource for Polly to get the complaint resolved is what?
Store's customer service department
According to the Fair Packaging and Labeling Act a food or drug with false or misleading labeling or packaging can be fined for what?
Misbranded
In the above SCENARIO 9.1A, Estelle purchased $750 in clothing. The contract is required to be in writing in accordance with what law?
Statute of Frauds
In the above SCENARIO 9.1B, what law allows Brittany to cancel the order?
Cooling-Off Rule
In the above SCENARIO 9.1A, Estelle returns shoes that did not look like the sample at Carmen's? Carmen offered to replace the shoes. Which type of warranty would require this action?
Express warranty
In the above SCENARIO 9.1A, what kind of goods are the items Estelle's has selected for purchase?
Identified goods
In the above SCENARIO 9.1C, to which federal agency should Will report the unfair or deceptive practice?
FTC
In the above SCENARIO 9.1D, Brad and Jennifer buy a new car. The car is taken to the dealership eight times for the same problem during the first six months. The repair department has repaired and replaced the defective part, but the problem does not stop
Lemon Law
Larry purchased items from the flea market. Larry is always careful due to CAVEAT EMPTOR. What does this term mean?
Let the buyer beware
In the above SCENARIO 9.1A, Estelle buys a summer wardrobe. When UPS picks up the goods to be shipped, what documetn does UPS give Carmen?
Bill of lading
Shane bought a new car. Shane parked his old card with a "FOR SALE" sign in the driveway. What guarantees will come with purchase of the old car?
Warranty of title
In the above SCENARIO 9.1A, Cleo made Carmen an offer to buy the business. Carmen decides to sell. Carmen notifies her creditors and makes plans to sell the entire business to Cleo. What kind of sale is this?
Bulk transfer
In the above SCENARIO 9.1D, Brad found a used car he liked. On the car window was a sign that said "AS IS." What type of warranty did the car have?
No warranty
In the above SCENARIO 9.1A, Estelle tries on a blue dress. Carmen says, "Wow, that dress maeks you look ten years younger!" This is an example of what?
Puffery
In the above SCENARIO 9.1B, according to law what is the maximum amount of time Brittany may wait before canceling the order?
3 business days
In the above SCENARIO 9.1A, when Estelle buys clothes, what right of ownership to the goods does Estelel receive?
Title
When a consumer complaint is not resolved, the last resort for a consumer to contact with the complaint is what?
Attorney to file a lawsuit
In the above SCENARIO 9.1D, Brad and Jennifer go to the car lot with today's advertisement wanting to test drive a car described in the ad. The salesman says that the last one of those cars was just sold. The salesman says he can show them other avaliable
Bait and switch
Rob's Roofing replaced shingles on Meredith's house. When the first hard rain and wind came, the house leaked. No one at Rob's Roofing is returning Meredith's calls. Another roofer looked at the poor workmanship and said the job needed to be redone. Mered
BBB
In the above SCENARIO 9.1C, what type of fraud did Will report?
Work at home scheme