In Kramer V

question 186

True/False

In Kramer v. ATW Axtell Tech, where Kramer bought Internet service equipment from ATW that did not work as well as advertised, the courts held that the award of lost profits was not justified under the UCC definitions governing that.

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Definitions:

Destination Contracts

Agreements in which the seller is responsible for delivering goods to a specific location, with the risk of loss transferring upon arrival.

Original

Pertaining to the first or earliest form of something, often indicating authenticity or uniqueness.

Origin Contract

A contractual agreement specifying the original terms and conditions set forth by the parties involved in a transaction or negotiation.

Risk of Loss

The potential that an investment's value may decrease or that a business may suffer losses.