Which of the Following Statements Is TRUE of Technological Advances

question 96

Multiple Choice

Which of the following statements is TRUE of technological advances?

• A) It provides a means for globalization to happen.
• B) It discourages internationalization.
• C) It inhibits the growth of new products and services.
• D) It helps consolidate traditional values among consumers worldwide.

Understand the role of the Uniform Commercial Code (UCC) and the Convention on Contracts for the International Sale of Goods (CISG) in providing remedies for breaches of contract.

Distinguish between various types of damages and remedies, including lost profits, specific performance, and the recovery of goods.

Learn how the contract terms and conditions can affect the available remedies and limitations on damages.

Understand how and when an aggrieved party can seek multiple remedies and the limitations of such an approach.