Under Section 2-209 of the UCC,agreements to Modify Existing Contracts

question 30

Multiple Choice

Under section 2-209 of the UCC,agreements to modify existing contracts for the sale of goods:

• A)need new consideration to be binding.
• B)need no new consideration to be binding.
• C)require parties to formally terminate their original agreement and start over.
• D)requires just an informal agreement to be enforced.

Understand the categories and ethics of negotiating tactics.

Recognize how personal characteristics and situations influence negotiation strategies.

Identify the role of information in negotiation and its ethical implications.

Assess the consequences of using specific negotiation tactics.

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Definitions:

Speaking Characters

Characters in literature, film, or theater that are given dialogue or a voice, contributing to the narrative or thematic development of the work.

Racial Stratification System

A societal hierarchy that privileges or disadvantages individuals based on racial classifications, profoundly influencing social interactions and opportunities.

Biracial

A term describing an individual whose ancestry includes two racial backgrounds.

Triracial

Referring to individuals or groups that are descended from three distinct racial backgrounds.