A Buyer Who Accepts Nonconforming Goods Cannot Revoke the Acceptance

question 84

True/False

A buyer who accepts nonconforming goods cannot revoke the acceptance.

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Definitions:

Fiduciary Duty

A duty to act in the best interests of another; such duty may arise between directors and officers and the corporation they serve, between business associates including senior employees and their employer, between agents and their principals, and between partners, also called utmost good faith.

Passing-Off

The tort of misleading the public about the identity of a business or product.

Employment Contract

A formal agreement specifying the terms and conditions of the relationship between an employer and an employee.

Trademark

A symbol, word, or phrase legally registered or established by use as representing a company or product.