Under the Uniform Commercial Code, Which of the Following Is

question 22

Multiple Choice

Under the Uniform Commercial Code, which of the following is said to have occurred when either of the two parties exercises a lawful right to end the contract other than for breach?

• A) Cancellation
• B) Termination
• C) A perfect tender
• D) Anticipatory breach
• E) Mutual rescission

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Definitions:

Feedback

Information returned to the source, event, or process, as a basis for improvement or alteration of future performance or decision-making.

Reassurance

The act of providing comfort or confidence to someone, often to alleviate fear or anxiety.

Draining Ulceration

A type of ulcer that produces discharge or pus as a result of infection or inflammation.

Wash Hands

The act of cleaning one's hands with soap and water to remove dirt, germs, and other contaminants.