MO Bar Contracts and Commercial Law 3

Question 1

Under UCC Article 2, which implied warranty guarantees that goods are fit for their ordinary purposes?

Accepted Answer

Implied warranty of merchantability

Answer

Warranty of title

Answer

Implied warranty of fitness for a particular purpose

Answer

Express warranty

Question 2

Which doctrine binds a party to a promise they made, even without consideration, when another party reasonably relied on it to their detriment?

Accepted Answer

Promissory estoppel

Answer

Quantum meruit

Answer

Unjust enrichment

Answer

Novation

Question 3

In a contract dispute, which party bears the burden of proving that a contract existed?

Accepted Answer

The plaintiff seeking enforcement

Answer

The defendant

Answer

The court

Answer

Neither party

Question 4

Under the parol evidence rule, which type of evidence is generally excluded when interpreting a fully integrated written contract?

Accepted Answer

Prior or contemporaneous oral agreements that vary the written terms

Answer

Evidence of subsequent oral agreements

Answer

Prior written agreements that contradict the contract

Answer

Course of performance evidence

Question 5

Which remedy allows recovery of the value of benefits conferred on a party who would otherwise be unjustly enriched, even without a valid contract?

Accepted Answer

Quasi-contract/restitution

Answer

Expectation damages

Answer

Specific performance

Answer

Punitive damages

Question 6

Under Missouri's UCC, a buyer's rejection of nonconforming goods must occur within what time frame?

Accepted Answer

A reasonable time after delivery

Answer

Immediately upon delivery

Answer

30 days after delivery

Answer

Within the warranty period