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1.What are the respective obligations of the parties under a contract for the sale or lease of goods? 2. What is the perfect tender rule?What

1.What are the respective obligations of the parties under a contract for the sale or lease of goods?

2. What is the perfect tender rule?What are some important exceptions to this rule that apply to sales and lease contracts?

3.What options are available to the non-breaching party when the other party to a sales or lease contract repudiates the contract prior to the time of performance?

4.In contracts subject to the UCC, are parties free to limit the remedies available to the non-breaching party on a breach of contract?If so, in what type?

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