Multiple Choice
Southeastern Supplies (SS) is a manufacturer and supplier of office equipment. SS contracts to sell University of Florida (UF) , a local university, 5,000 UF Gator mousepads at $10 per mousepad for delivery on August 1 and payment of $100,000 due upon delivery. SS gets word from a viable source that UF has had trouble paying its suppliers. If UF repudiates before August 1 (e.g., by failing to assure SS it has the capacity to pay or by failing to pay upon delivery) , UF will __________ of the contract.
A) be in nonconformity
B) be in breach
C) be in conformity
D) None of the choices are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The UCC treats a _ as a
Q3: Upon the buyer's breach, the _ has
Q4: Liquidated damages that are unreasonably low will
Q5: What types of remedies are available during
Q6: T.T. Inc. creates and sells hats. The
Q7: The UCC allows the seller more than
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