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The UCC Is Grounded in the Principle That the Law

Question 13

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:

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