What Are the Rights of the Parties Under the UCC

question 14

Multiple Choice

What are the rights of the parties under the UCC to provide for remedies in addition to those provided by the UCC?

• A) Parties to a commercial sales agreement may provide for remedies in addition to those provided by the UCC.
• B) Parties to a commercial sales agreement may not provide for remedies in addition to those provided by the UCC.
• C) Parties to a commercial sales agreement may provide for remedies in addition to those provided by the UCC only if both sides are represented by an attorney.
• D) Parties to a commercial sales agreement may provide for remedies in addition to those provided by the UCC only if both parties are merchants.
• E) Parties to a commercial sales agreement may provide for remedies in addition to those provided by the UCC only in transactions involving over $10,000 in value.

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Definitions:

Mugging

A form of street crime where an attacker forcibly steals personal property from a victim in a public place.

Auto Theft

The illegal act of stealing or attempting to steal a motor vehicle.

Shoplifting

The act of stealing merchandise from a retail establishment without paying for it.

Opportunist Robber

A criminal who takes advantage of a situation to commit theft, often acting on impulse when a vulnerable target presents itself.