​When a person picks out a custom necktie and purchases it, the transaction involves fungible goods.

For the parties to enter into an accord and satisfaction that discharges the original obligation, there must be a bona fide dispute.​

​ “Without reserve” auctions give the auctioneer the right to withdraw the goods from the sale process if the bids are not high enough.

​Under a CF contract, the cost of shipment is included in the contract price.

A right in a thing is considered property.

​A bailee’s __________ gives the bailee the right to maintain possession of the bailed property until reasonable storage and/or repair charges are paid.

​In some cases the court may require specific performance, whereby the court will order the contractual performance to be carried out.

​Consequential damages may be recovered if:

​Goods that are not yet in existence or are not yet owned by the seller are__________ goods.

Joint tenancy and tenancy in common both feature the right of survivorship.