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Ciji was supposed to sell Lull two shelves for a total of $300. After the agreement was made, Ciji told Lull that she was no
- Ciji was supposed to sell Lull two shelves for a total of $300. After the agreement was made, Ciji told Lull that she was no longer willing to sell the shelves. Lull found the same shelves online for a price of $350. Lull may sue Ciji for the price difference as well as any other costs incurred due to Ciji's breach. True or False
- A merchant is required by the terms of the Code to act in __________ faith, to cooperate with the other party in the performance of the contract, and to act in a commercially reasonable manner in the performance of the contract.
- New statutory coverage does not recognize the possibility that electronic communications can satisfy the writing requirement, and thus cannot satisfy the Statute of Frauds for electronic contracts. True or False
- Contracts for the sale of goods are governed by the Uniform Commercial Code whereas other contracts will generally be governed by common law. True or False
- Common law requires an exact agreement, a ''mirror image'' between the offer and the acceptance within a contract. True or False
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