True/False
If one party to a contract has reasonable grounds to believe that the other party either will not or cannot perform his or her contractual obligations,an adequate assurance of performance may be demanded orally or in writing.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: A commercial unit is a unit of
Q6: An adequate assurance of performance may be
Q7: In April,John goes to a dealer and
Q8: John needs a new car and goes
Q9: The UCC statute of limitations provides that
Q11: If a buyer accepts nonconforming goods,the buyer
Q12: Under the perfect tender rule,when a shipment
Q13: A seller or lessor cannot collect damages
Q14: A seller or lessor has the right
Q15: If a party to a contract anticipatorily