Under the UCC,an Agreement Modifying a Contract Needs No Consideration

question 42

True/False

Under the UCC,an agreement modifying a contract needs no consideration to be binding.

---

Definitions:

Sociology Class

An academic course focused on studying human society, its structures, functions, and complex relationships, often encompassing theories and methodologies for understanding social phenomena.

Group Conformity

The phenomenon where individuals adapt their attitudes, beliefs, or behaviors to align with the norms of a group.

Individualism

A social theory favoring freedom of action for individuals over collective or state control.

Lone Dissenter

An individual who opposes or stands apart from the opinions or beliefs of a majority or group.