Multiple Choice
Under the Uniform Commercial Code, if the goods under contract are partially destroyed:
A) the contract is automatically rescinded and the parties are restored to their to their status quo ante without the possibility of seeking enforcement under the contract's original terms.
B) the contract is enforceable and may not be cancelled by either party.
C) the seller may demand the right to inspect the damaged goods in order to decide whether to deliver replacement conforming goods or alternatively require the buyer to accept them in their damaged state and provide allowance for the damages.
D) the buyer may demand the right to inspect the damaged goods in order to decide whether to reject them or to accept them in their damaged state and claim an allowance for the damages.
Correct Answer:

Verified
Correct Answer:
Verified
Q30: A contract termination should be provided when
Q31: Explain a liquidated damages clause.
Q32: Laws and regulations that increase the cost
Q33: The Federal Trade Commission:<br>A) gives the consumer
Q34: In a case of impossibility of performance,
Q36: A personal-service contract that does not call
Q37: If a contract calls for the delivery
Q38: When a party breaches a contract, the
Q39: If a law is passed after the
Q40: All of the following are ways of