If a Seller Delivers Defective Good, Under the UCC the Buyer

question 53

True/False

If a seller delivers defective good, under the UCC the buyer may not cancel the contract if the seller repairs the goods or replaces them before the deadline in the contract.

---

Definitions:

Enforceable Contract

A legally binding agreement that can be upheld and compelled in a court of law.

Negotiability

The quality of a financial instrument that allows it to be transferred from one party to another with minimal legal restrictions.

Sum Certain

A specified, fixed amount of money that is agreed upon in a financial or legal document, leaving no ambiguity regarding the amount.

Requirements

Specific criteria or conditions that must be met in order to fulfill an agreement or complete a project.