Under an Installment Contract,when Does the UCC Provide That a Buyer/lessee

question 19

Multiple Choice

Under an installment contract,when does the UCC provide that a buyer/lessee may reject an installment of a particular item?

• A)If the defects cannot be cured even if defects are minor.
• B)If the defects devalue the property by more than 10% and if the defects cannot be cured.
• C)If the defects substantially impair the value of the goods regardless of whether cure is possible.
• D)If the defects substantially impair the value of the goods and if the defects cannot be cured.
• E)If the defects devalue the property by more than 20% and if the defects cannot be cured.

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