Blog

Which are the two kinds of delivery contracts named by the UCC?

Which of the following would be an illusory promise?

Which type of content do consumers believe is more authentic? (Hint: marketers believe the opposite!)

Igneous rocks are classified by silica content.

A buyer obtains voidable title to the goods purchased in each of the following situations except for which one?

Which of the following may be incorporated or unincorporated?

Juliet is a well-known art collector and gallerist. Tracey, a sculptor just starting out, heard that Juliet would store some of her work in the gallery so that people could see it as they looked at other art Juliet had in her possession. Tracey and Juliet decided to do just that, but never drew up any paperwork that made it clear Juliet did not own the sculptures entrusted to her. Juliet is also a little forgetful, and a couple years after accepting Tracey’s sculptures for display only, a wealthy art collector, Beatrice, made an offer Juliet could not refuse for two of Tracey’s sculptures. A year after this, Tracey had built up her portfolio to the point of attracting attention for a larger show. She returns to Juliet to collect her work and is appalled to learn that Juliet sold some of her sculptures to Beatrice! If the jurisdiction where this takes place follows the UCC as adopted by Rhode Island in 1997, will Tracey be able to recover her sculptures from Beatrice?

What is a simple delivery contract? 

When an owner transfers possession of goods to a merchant (called “entrustment”) and asks the merchant to sell the goods on the owner’s behalf, the merchant obtains good title to the goods. 

Someone who comes into possession of stolen goods never has good title to the goods and can never pass good title on to someone else.