What Statute of Limitations Applies to Claims Under the UCC

question 87

Multiple Choice

What statute of limitations applies to claims under the UCC seeking damages for personal injury sustained as a result of a breach of warranty?

• A)The two-year statute of limitations under the UCC
• B)The four-year statute of limitations under the UCC
• C)Either the tort or UCC statute of limitations,whichever is longer
• D)The three year statute of limitations under tort law
• E)There is no statute of limitations for these cases

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Definitions:

Skilled Negotiators

Individuals who excel in navigating negotiation processes, effectively managing communication, relationships, and tactics to achieve desired outcomes.

Settlement

The resolution or agreement reached after a dispute or negotiation.

Concession

An act of yielding or compromising in a disagreement, where one party agrees to make a change or give up something in order to reach an agreement.

Successive Concessions

A negotiation strategy where each party makes gradual concessions to reach an agreement.