Suppose Two Parties to a Contract That Is Under the UCC

question 18

Multiple Choice

Suppose two parties to a contract that is under the UCC decide to make a significant change in the contract, obligating the seller to provide more goods. When the terms of the contract change, it requires:

• A) fair market value consideration
• B) at least nominal consideration
• C) trade usage consideration
• D) signing a new contract to evidence the willingness to change
• E) none of the other choices

---

Definitions:

Executive Offices

Refers to the suite of rooms or building spaces used by the top executives of an organization, often including the CEO, COO, and other senior management.

Comparative Management

Studies how management practices differ between countries and cultures.

Outer-directed

Refers to individuals whose behaviors and decisions are influenced predominantly by external factors or the expectations of others rather than by personal values or desires.