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Perry and Tim negotiate a contract governed by the UCC. Tim wants to extend the time to make a warranty claim, so years. Tim sues
Perry and Tim negotiate a contract governed by the UCC. Tim wants to extend the time to make a warranty claim, so years. Tim sues for breach after six years. Can Tim make a claim?
Yes, because there is a year statute of limitations under the UCC.
No because parties to a contract are never allowed to negotiate on the statute of limitations
Yes, because the parties are free to negotiate any statute of limitations they want.
No because the UCC requires a lawsuit to be brought within four years and parties to a contract are not free to negotia It depends upon the contract terms.
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