Multiple Choice
Which of the following is a correct statement regarding the statute of limitations period recognized by the Uniform Commercial Code (UCC) for a breach of sales contract lawsuit?
A) The parties to a contract for the sale of goods may not shorten the statute of limitations period.
B) The parties to a contract for the sale of goods may shorten the statute of limitations period to one year.
C) The parties to a contract for the sale of goods may extend the statute of limitations beyond the time period recognized by the UCC.
D) There is no statute of limitations period for a lawsuit for breach of a contract for the sale of goods.
Correct Answer:
Verified
Correct Answer:
Verified
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