Under the UCC,a Modification to a Contract for the Sale

question 30

True/False

Under the UCC,a modification to a contract for the sale of goods needs no consideration to be binding.

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Definitions:

Interval

In statistics, a range of values on a scale measured between two points, or in music, the difference in pitch between two sounds.

Ratio Variable

A variable that offers measurable differences between values and a true zero point, allowing comparisons of absolute magnitudes.

Semantic Differential Scale

A scale used in surveys that measures respondents' attitudes towards a topic by rating it between two opposite adjectives.

Opposite Meanings

Refers to words or phrases that have completely different or contrasting definitions from each other, also known as antonyms.