Asked by Franco Sagula on Jul 20, 2024
Verified
A buyer may revoke acceptance of goods if the buyer can show that defects in the goods have caused their value to be ________.
A) reduced preponderantly
B) reduced by ten percent or more
C) reduced by twenty-five percent or more
D) substantially impaired
E) compromised
Substantially Impaired
Significantly reduced in ability or function, often referring to a state of physical or mental incapacity that affects one's legal rights or responsibilities.
- Clarify the distinct legal positions of buyers and sellers in the event of goods not conforming to contract specifications or breach.
- Evaluate the precise regulations concerning the acceptance, decline, and annulment of the acceptance of merchandise.
Verified Answer
KM
Karishma MevawalaJul 22, 2024
Final Answer :
D
Explanation :
Uniform Commercial Code Section 2-608 indicates that a buyer who has accepted goods may later revoke the acceptance only if the buyer can show that the defects substantially impair the value of the goods.
Learning Objectives
- Clarify the distinct legal positions of buyers and sellers in the event of goods not conforming to contract specifications or breach.
- Evaluate the precise regulations concerning the acceptance, decline, and annulment of the acceptance of merchandise.
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