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please answer asap! When a seller enters into an output contract with another, the seller Multiple Choice Gives up the right to sell the goods
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When a seller enters into an output contract with another, the seller Multiple Choice Gives up the right to sell the goods of the contract to another. Must produce a minimum amount of goods as indicated in the agreement. Is required to sell the majority of the good to the buyer. Is under no obligation to create any expectations with the buyer. After extensive negotiation Bob agrees to sell Sally his office building for $100,000.00. He hos his assistant type up the contract to send to Sally to sign. His assistant accidentally adds and extra zero in the price, making it $1,000,000.00 and sends it off. Sally too overlooks the mistake and signs the agreement. Later Sally requests that the contract be corrected to reflect their true intentions through a process called Multiple Choice Reformation Rescission Revocation Reclassification Default rules, under the UCC, Multiple Choice Only applies to bargained for exchanges. O Only applies to terms negotiated by the parties to the contract. O Only applies to service contracts. O Only applies to unforeseen terms not addressed in the contract Step by Step Solution
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