A Seller May Cancel a Sales Contract If the Buyer

question 2

Multiple Choice

A seller may cancel a sales contract if the buyer does any of the following except:

• A) wrongfully rejects the goods.
• B) repudiates the contract.
• C) fails to make a payment due on or before delivery.
• D) rejects an improper tender.

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Definitions:

Contractual Promise

A binding pledge or agreement between parties that is enforceable by law.

Unauthorized Alteration

A change made to a document, instrument, or agreement without the consent or knowledge of all parties involved, which can affect its validity or legality.

Material Terms

Significant conditions and details in a contract that are essential to the agreement and affect the parties' obligations and expectations.

Written Contract

A legally binding agreement that has been put in writing and signed by the parties involved.