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Author Question: Suppose Jim is seriously injured by his new chain saw. If the sales contract excluded any damages ... (Read 44 times)

jazziefee

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on: Jun 24, 2018
Suppose Jim is seriously injured by his new chain saw. If the sales contract excluded any damages from recovery, courts would hold that contract:
 A) enforceable depending on FTC guidelines.
 B)unconscionable under the CISG.
 C)is enforceable under UCC Article 2.
 D) unconscionable and unenforceable.

Question 2

What is the purpose of the Troubled Asset Relief Program (TARP)?
 A)To provide subsidies to homeowners with mortgages that exceed 31 of their monthly income for payments
 B)To place Fannie Mae into a conservatorship
 C)To buy up assets in foreclosure and unfreeze the credit markets
 D)To eliminate subprime lending


ttt030911

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Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

C


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