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Theilan and Wayland Are Merchants Negotiating Contract Terms Under a Contract

Question 7

Multiple Choice

Theilan and Wayland are merchants negotiating contract terms under a contract that will be governed by the UCC. What is the shortest possible statute of limitations for bringing a lawsuit based on breach of contract?


A) 10 days.
B) One month.
C) 18 months.
D) Three years.
E) Four years.

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