This topic contains a solution. Click here to go to the answer

Author Question: Sales of goods made by nonmerchants are not governed by the Uniform Commercial Code, Article 2 ... (Read 30 times)

jeatrice

  • Hero Member
  • *****
  • Posts: 543
Sales of goods made by nonmerchants are not governed by the Uniform Commercial Code, Article 2
 
  Indicate whether the statement is true or false

Question 2

Explain the difference between the common law and statutory law.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

josephsuarez

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

False

Answer to Question 2

U.S. law is based primarily on English common law, a system where laws were developed through the courts and through case decisions. The common law was based on the concept of precedent or stare decisis, which means it stands decided.. This refers to the fact that a particular factual dispute was decided in one way by the court, and if the same factual dispute arises again, it must be resolved the same way. Statutory law refers to laws passed by the legislature. At the federal law, statutes are enacted by Congress.





 

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

For a complete list of videos, visit our video library