Multiple Choice
The UCC is grounded in the principle that the law should encourage the completion of business transactions, it also defines what constitutes nonperformance, known as a __________, and provides relief for parties who acted in good faith and sustained damages through no fault of their own.
A) foul
B) mistake
C) breach
D) misrepresentation
Correct Answer:

Verified
Correct Answer:
Verified
Q8: Liquidated damages clauses will not be enforced
Q9: Southeastern Supplies (SS) is a manufacturer and
Q10: Southeastern Supplies (SS) is a manufacturer and
Q11: The UCC provides the buyer with an
Q12: Southeastern Supplies (SS) is a manufacturer and
Q14: In an installment contract each lot must
Q15: _ damages are damages that the parties
Q16: The seller may breach the contract if
Q17: T.T. Inc creates and sells hats. The
Q18: The UCC allows the buyer to pursue