LAW 3220 CLEMSON EXAM 3 FINAL
SCRIPT 2026 COMPLETE LEGAL
QUESTIONS AND ANSWERS PACKAGE
◉ Under the economic loss rule, when a breach of contract does not
include a tort, such as injury to persons, the damages:
a. only relate to economic losses suffered from the breach
b. are limited to half the economic losses suffered from the breach
c. are not related to the monetary losses suffered from the breach
d. must exceed the direct costs suffered from the breach
e. none of the other choices are correct.
Answer: a. only relate to economic losses suffered from the breach
◉ Len agrees to sell Doug some choice ocean-front property. If Len
later refuses to convey the land, Doug may sue for:
a. liquidated damages
b. specific performance
c. ratification damages
d. punitive damages
e. none of the other choices since contract law does not apply to real
property agreements.
Answer: b. specific performance
,◉ Before the UCC contracts for the sale of goods were primarily
governed by common law, which differed from state to state.
(T/F).
Answer: True
◉ Every state, except Louisiana, has adopted Article 2 of the UCC.
(T/F).
Answer: True
◉ Jones is "a merchant" under Article 2 even if he knows little about
textile machinery but hires Smith as his agent to sell textile
machinery. Smith has 25 years' experience in the textile industry.
(T/F).
Answer: True
◉ Under Article 2 of the UCC a contract can exist even if which of the
following terms is(are) omitted:
a.payment terms
b. delivery terms
c. price
d. all of the other specific choices are correct
e. none of the other specific choices are correct.
, Answer: d. all of the other specific choices are correct
◉ Lisa mailed an offer to sell cotton to Jeff who sent an acceptance.
However, Jeff made changes in the time and place of delivery. Under
the UCC's Article 2:
a. acceptance cannot change the terms of the offer without being
considered either a rejection or a counteroffer
b. an acceptance is valid if the parties intend to form a contract⎯even
though the acceptance contains some different terms from those in
the offer
c. alterations are not valid under the UCC so the parties need to look
to the common law of contracts for a solution
d. acceptance is valid only if this is an option contract
e. acceptance is valid only if this is a requirements contract.
Answer: b. an acceptance is valid if the parties intend to form a
contract⎯even though the acceptance contains some different terms
from those in the offer
◉ In Griffith v. Clear Lakes Trout, Griffith grew trout for Clear Lakes;
the parties got into a dispute over what were "market size" trout, as
Clear Lakes wanted larger fish. The court held that:
a. since the contract between the parties was vague about trout size,
there was no enforceable contract
SCRIPT 2026 COMPLETE LEGAL
QUESTIONS AND ANSWERS PACKAGE
◉ Under the economic loss rule, when a breach of contract does not
include a tort, such as injury to persons, the damages:
a. only relate to economic losses suffered from the breach
b. are limited to half the economic losses suffered from the breach
c. are not related to the monetary losses suffered from the breach
d. must exceed the direct costs suffered from the breach
e. none of the other choices are correct.
Answer: a. only relate to economic losses suffered from the breach
◉ Len agrees to sell Doug some choice ocean-front property. If Len
later refuses to convey the land, Doug may sue for:
a. liquidated damages
b. specific performance
c. ratification damages
d. punitive damages
e. none of the other choices since contract law does not apply to real
property agreements.
Answer: b. specific performance
,◉ Before the UCC contracts for the sale of goods were primarily
governed by common law, which differed from state to state.
(T/F).
Answer: True
◉ Every state, except Louisiana, has adopted Article 2 of the UCC.
(T/F).
Answer: True
◉ Jones is "a merchant" under Article 2 even if he knows little about
textile machinery but hires Smith as his agent to sell textile
machinery. Smith has 25 years' experience in the textile industry.
(T/F).
Answer: True
◉ Under Article 2 of the UCC a contract can exist even if which of the
following terms is(are) omitted:
a.payment terms
b. delivery terms
c. price
d. all of the other specific choices are correct
e. none of the other specific choices are correct.
, Answer: d. all of the other specific choices are correct
◉ Lisa mailed an offer to sell cotton to Jeff who sent an acceptance.
However, Jeff made changes in the time and place of delivery. Under
the UCC's Article 2:
a. acceptance cannot change the terms of the offer without being
considered either a rejection or a counteroffer
b. an acceptance is valid if the parties intend to form a contract⎯even
though the acceptance contains some different terms from those in
the offer
c. alterations are not valid under the UCC so the parties need to look
to the common law of contracts for a solution
d. acceptance is valid only if this is an option contract
e. acceptance is valid only if this is a requirements contract.
Answer: b. an acceptance is valid if the parties intend to form a
contract⎯even though the acceptance contains some different terms
from those in the offer
◉ In Griffith v. Clear Lakes Trout, Griffith grew trout for Clear Lakes;
the parties got into a dispute over what were "market size" trout, as
Clear Lakes wanted larger fish. The court held that:
a. since the contract between the parties was vague about trout size,
there was no enforceable contract
