Which of the Following Is Essential for a Revocation of Acceptance

question 40

Multiple Choice

Which of the following is essential for a revocation of acceptance to be effective?

• A) The seller must be notified of the revocation within a reasonable time.
• B) The seller's promise to timely cure if the nonconformity is not met.
• C) The nonconformity must be discovered before acceptance is given.
• D) The nonconformity substantially impairs the value of the goods to the buyer.

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Definitions:

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A situation in which consumers with various preferences and needs cause markets for different products or services to intersect.

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A theory that describes how a product matures and declines as it moves through different stages globally, from introduction to decline.

Mature Phase

The stage in a product, business, or industry lifecycle where growth stabilizes and is no longer rapid.