Under the UCC,which of the Following Is True If Goods

question 5

Multiple Choice

Under the UCC,which of the following is true if goods are identified at the time the parties entered into a contract and these goods are partially destroyed through no fault of the parties before risk passes to the buyer or lessee?

• A)Unless the parties can agree on a price,the matter must be submitted to arbitration for a determination as to an appropriate price.
• B)The buyer may inspect the goods and decide whether to 1)treat the contract as void or 2)ask the seller for a reduction of the contract price and then accept the damaged goods.
• C)The seller may inspect the goods and decide whether to 1)treat the contract as void or 2)offer the buyer a reduction of the contract price for the damaged goods.
• D)Unless the parties can agree on a price,the contract is voidable at the option of the seller.
• E)The contract is void.

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Definitions:

Thalamus

A structure in the center of the brain that acts as a relay station for sensory information, excluding smell, to the cerebral cortex.

Amygdala

A part of the brain involved in experiencing emotions, particularly fear and pleasure.

Hippocampus

A part of the brain involved in memory formation, organization, and storage, as well as spatial navigation.

Ponderosa Pine

A large species of pine tree native to western North America, known for its tall stature and distinctive bark.