Question

1.

Federal agencies expressly derive their authority from Article I of the U.S. Constitution.

True/False

2.

The Uniform Commercial Code is a body of federal contract law that is authorized under the Commerce Clause of the U.S. Constitution.

True/False

3.

The concept of federalism is premised on a division of power between state and federal governments.

True/False

4. Seller Shona represents to Buyer Ben that last time she checked, her property was zoned for commercial use. Buyer Ben relies on that representation without doing any independent research. After the sale of property, Buyer Ben learns that the property is in fact zoned for residential, not commercial use. Buyer Ben’s legal remedy is:

to force Seller Shona to purchase the land back from him

to recover money damages for breach of contract

to void the contract for negligent misrepresentation

none of the above

Answer 1

Answer 1 : False

Explanation : Federal agencies derived their authorities from the congress or through the presidential authority to regulate laws.

Answer 2 : True

Explanation : Uniform commercial code is been governed by the federal contract law as per the Article 2 of the UCC.

Answer 3 : True

Explanation : When the distribution between the state government and federal government takes place it is known as the federalism, in which the mix or compound mode of government is formed.

Answer 4 : To void the contract for negligent misrepresentation

Explanation : In case of negligent misrepresentation, the buyer can cancel the contract and ask for rescission where they get back in same position they were before they entered in the contract.