Which of the Following Statements Is True Concerning Cancellation of a Contract

question 84

Multiple Choice

Which of the following statements is true concerning cancellation of a contract?

• A) Cancelling a contract is a seller's only remedy if a buyer or lessee is in breach .
• B) Canceling a contract is a remedy of last resort from the UCC's perspective.
• C) If a seller cancels a contract, he may not pursue any other remedies available under the UCC.
• D) Cancelling a contract is never permitted under the UCC.
• E) No notice is required to cancel a contract.

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Definitions:

Credibility

The quality of being trusted and believed in, crucial for individuals and organizations to persuade or inform effectively.

Reduce Distance

The act of making a physical or figurative space shorter or less remote, often to enhance communication, interaction, or understanding.

Audience's Feelings

The emotions or emotional reactions of an audience in response to a speech, performance, or presentation.

You-attitude

A communication approach focusing on and prioritizing the reader's or listener's perspective and interests.