CCSD Business Law Contract Analysis Solutions Exam Practice

1.(Lease) Who is the responsible party for the maintenance of smoke detection devises within the subject premises?TenantLandlordNeitherNo answer text provided.2.(Lease) Who is the responsible party for maintaining personal property insurance, if any, within the subject premises?TenantLandlordNeitherNo answer text provided3.(Lease) Does the Tenant need permission to repaint the inside of the building?4.(Lease) Can the Tenant use part of the security deposit as payment for rent?Not addressed in the lease5.(Lease) If the Tenant wishes to sublet all or part of the house, does the Tenant need any permissions?Not addressed in the lease6.(Lease) The refrigerator breaks 8 months into the lease. Pursuant to the Lease, who is responsible for fixing it?LandlordTenantNo answer text provided.7.(UCC) Does this contract have a Force Majeure clause?No answer text provided.8.(UCC) What is the collateral covered by this contract?a. the payment priceb. the Goodsc. the Goods and any proceedsd. there is no collateral9.(UCC) One of the duties required of the Buyer under this contract isa. to deliver the goods to Pussycat Alley in the City of Deliahb. Pay the purchase price of $5,000c. delegate acceptance of the goods to a third partyd. None of the above10.(UCC) Who should carry insurance on the goods until they are received by the Buyer?a. Buyerb. Sellerc. neitherNo answer text provided.11.(Lease) The Statute of Frauds applies to this contract.False