A Seller's Remedies Upon the Buyer's Default

question 10

Multiple Choice

A seller's remedies upon the buyer's default:

• A) may be goods oriented, money oriented, or obligation oriented.
• B) are subject to the doctrine of election of remedies.
• C) are, under the UCC, the same as a buyer's remedies for the seller's breach.
• D) All of these.

---

Definitions:

Counter Offer

A response to an offer in which the original conditions are rejected and new terms are proposed.

Verbal Offer

An offer made orally rather than in writing, which in some cases can still be legally binding depending on the circumstances.

Unconditional

Unconditional means without any limitations, conditions, or stipulations; it often refers to agreements, love, or support that is given freely and without reservations.

Suppliers

Companies or individuals that provide goods or services to another entity, typically as part of a supply chain.