The Uniform Commercial Code Dispenses with the Requirement for Consideration

question 33

Multiple Choice

The Uniform Commercial Code dispenses with the requirement for consideration in contracts that involve:

• A) a merchant's firm written offer of the irrevocable contract.
• B) an oral discharge of a claim for an alleged breach of contract.
• C) modifications on future contracts.
• D) modifications to executed contracts.

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Definitions:

Cultures

The shared values, beliefs, behaviors, and artifacts making up a society's way of life, passed down from generation to generation.

Basic Emotions

Fundamental emotions that are universally recognized and experienced by humans, such as happiness, sadness, fear, disgust, anger, and surprise.

Hand Gestures

Movements of the hands and arms used to communicate ideas or emotions non-verbally.

Physiological Arousal

The body's response to stimuli, involving increased physical activity and alertness, often accompanied by the release of adrenaline.