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What Is the Legal Significance of a Contract Being Declared

Question 72

Multiple Choice

What is the legal significance of a contract being declared to be an installment contract?


A) The right to cure lasts for a longer period.
B) The seller does not have a right to cure.
C) The buyer's payment obligations are relaxed.
D) The perfect tender rule is altered in that it is more difficult for a buyer to reject the entire order.
E) The same common carrier must be used for each shipment.

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