Question
1, Assume that Buyer wrongfully rejected a conforming tender, and the goods are being resold in a public auction. Under the Code rules governing auctions,
1, Assume that Buyer wrongfully rejected a conforming tender, and the goods are being resold in a public auction. Under the Code rules governing auctions, which of the following is NOT true?
a.Buyer must be given notice of the time and place of the auction.
b.Buyer is permitted to bid on the goods at the auction.
c.Seller is permitted to bid on the goods at the auction.
d.Price the goods below the original selling price.
2, A buyer must notify a seller of intent to reject a nonconforming tender ______.
a.within ten days of the tender
b.within thirty days of the tender
c.within a seasonable time
d.in a certified letter
3, The seller's right to ship conforming goods to the buyer to replace an earlier nonconforming tender is the right to ______.
a.cover
b.cure
c.replevin
d.specific performance
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