Which of the Following Is True of Consideration for Modifying

question 57

Multiple Choice

Which of the following is true of consideration for modifying a sales or lease contract under the UCC?

• A)An agreement modifying a contract needs no consideration to be binding.
• B)Modifying a contract requires consideration from the offeree's side.
• C)An offeror who modifies a contract must do so by providing reasonable consideration.
• D)The party providing the consideration must complete it within three months of acceptance.

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The dimensions of a page, which may refer to the area a document occupies on a piece of paper or within a digital document layout.

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