An appellate court judge ruled that Jim had defaulted in his promise to deliver a particular service and imposed a fine of $1,000. In this scenario, the judge would have based his decision on:
A) precedents established by case law.
B) Article 3 of the statute of frauds.
C) Article 2 of the Uniform Commercial Code.
D) administrative rulings made by the Federal Trade Commission.

Question

Quizplus · Accepted Answer

The judge likely based the decision on precedents established by case law, as this is a common basis for rulings in appellate courts when dealing with breaches of service agreements.

An Appellate Court Judge Ruled That Jim Had Defaulted in His