What is the effect of a buyer's failure to comply with the statute of limitations recognized by the Uniform Commercial Code for a breach of contract action?

Multiple Choice

• The buyer waives his or her warranty rights under the contract.
• It results in the buyer only having the right to sue the seller for damages, not injunctive relief.
• It operates as a waiver of the buyer's warranty rights, but only if the seller can establish by a preponderance of the evidence that the buyer had actual knowledge of the statute of limitations.
• There is no effect if the buyer can establish that he or she was not aware of the statute of limitations.
• It results in the buyer only having the right to sue the seller for injunctive relief, not damages.