Under Both the CISG and the UCC, a Buyer May

question 31

True/False

Under both the CISG and the UCC, a buyer may reject goods only if the tender of the goods is a fundamental breach of the contract.

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Definitions:

Efficiency

The property of a resource allocation of maximizing the total surplus received by all members of society.

Equality

The property of distributing economic prosperity uniformly among the members of society.

Decision Making

The cognitive process resulting in selecting a course of action among several alternatives.

Change Minds

The process of altering one's thoughts, opinions, or decisions based on new information or reconsideration.