Question
A seller who reclaims and retains goods from a breaching buyer may sue for any decline in the value of the goods while in the
-
A seller who reclaims and retains goods from a breaching buyer may sue for any decline in the value of the goods while in the sellers possession.
True
False
-
QUESTION 12
-
A seller who tenders non conforming goods may effect a cure only with the buyers permission.
True
False
QUESTION 13
-
Commercial impractability includes unanticipated increase in the cost of raw materials.
True
False
QUESTION 14
-
Generally, a buyer may take physical possession of goods without having accepted them.
True
False
QUESTION 15
-
An installment contract may be cancelled if any installment substantially impairs the value of the entire contract.
True
False
QUESTION 16
-
Once goods have been accepted, that acceptance cannot be revoked.
True
False
QUESTION 17
-
A limitation of remedies clause in a sales contract that fails in its essential purpose will be invalid.
True
False
QUESTION 18
-
Specific performance is always available to a non-breaching buyer.
True
False
QUESTION 19
-
The implied warranty of merchantability may be disavowed orally.
True
False
QUESTION 20
-
Statements of opinion will never be construed as a warranty.
True
False
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started