Multiple Choice
T.T. Inc creates and sells hats. The Local Ironworkers 452 have contracted with T.T. Inc to purchase 150,000 hats for $15,000 with a delivery date of July 1. Local Ironworkers 452 paid a $5,000 deposit upon signing the contract, with the remaining $10,000 balance due when the hats are delivered. In the contract, Local Ironworkers 452 specified that "time is of the essence due to a local union campaign." What must Local Ironworkers 452 do at this time:
A) provide adequate facilities/place to receive the hats
B) allow T.T. Inc. to cure before the delivery deadline if the hats are nonconforming
C) pay the remaining $10,000 balance if the hats are conforming and delivered on or before July 1
D) All of the choices are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: Southeastern Supplies (SS) is a manufacturer and
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
Q18: The UCC allows the buyer to pursue
Q19: A _ primary duty is to deliver
Q20: A seller may also incur _ damages
Q21: If a buyer subsequently accepts a nonconforming
Q22: The parties _ add a liquidated damages