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. If UF breaches before accepting the goods, SS has the following options for remedies:
A) Resell the goods at fair market value to another party
B) Return the goods to the supplier
C) Sue for the purchase price if a resale is unsuccessful or not feasible due to the unique nature of the goods
D) Resell the goods at fair market value to another party and sue for the purchase price if a resale is unsuccessful or not feasible due to the unique nature of the goods
Correct Answer:

Verified
Correct Answer:
Verified
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
Q13: The UCC is grounded in the principle
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