Under the UCC,an Agreement Modifying a Contract Needs New Consid?eration

question 2

True/False

Under the UCC,an agreement modifying a contract needs new consid?eration to be binding.

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Definitions:

Anglo-American

Pertaining to things, people, or cultural patterns that are both British and American in nature; often used to describe the historical and cultural ties between the United States and the United Kingdom.

Liberty

Existing in a societal state that lacks any oppressive measures by authorities affecting one’s lifestyle, actions, or political stance.

Eligible to Vote

The qualification or criteria that allow an individual the right to participate in electoral processes, typically determined by age, citizenship, and absence of legal incapacities.

Eighteenth Century

The period from January 1, 1701, through December 31, 1800, marked by significant world events like the Enlightenment, the American Revolutionary War, and the beginning of the Industrial Revolution.