Which Statement Is True Regarding Both the UCC and Common

question 44

Multiple Choice

Which statement is true regarding both the UCC and common law with regard to conforming and nonconforming goods?

• A)The perfect tender rule recognizes the distinction between material and immaterial contractual requirements.
• B)Under the UCC and common law,if goods fail in any respect to conform to the contract,the buyer has the right to accept the goods,reject the entire shipment,or accept part and reject part.
• C)Under common law,if goods fail in any respect to conform to the contract,the buyer has the right to accept the goods,reject the entire shipment,or accept part and reject part.
• D)Common law usually substitutes perfect tender with the doctrine of substantial performance.
• E)Both the UCC and common law recognize the distinction between material and immaterial contractual requirements.

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Definitions:

Electro-magnet

A type of magnet in which the magnetic field is produced by an electric current, usually wrapped around a core of ferromagnetic material, which enhances its magnetic field strength.

Relative Motion

The motion of an object as observed from a particular reference frame, which may be moving or stationary.

Electro-magnetic Induction

Electro-magnetic induction is the process whereby a changing magnetic field within a coil of wire induces a voltage across the ends of the wire, leading to the creation of an electric current.

Domination

Is a mode of interaction in which nearly all power is concentrated in the hands of people of similar status. Fear is the dominant emotion in systems of interaction based on domination.