Asked by Jasmine Agosto on Apr 27, 2024
Verified
By claiming that he had the right to fix the problem, Tyler was alluding to which of the following, under the UCC?
A) The right to cure
B) The right to review
C) The right to perform
D) The right to claim
E) The right to reclaim
Right to Cure
The legal opportunity given to a defaulting party to correct or remedy their failure or breach within a specified time frame before further legal action is taken.
UCC
The Uniform Commercial Code encompasses a wide-ranging body of legal principles that control commercial transactions across the United States.
- Become acquainted with the rights of sellers and lessors to fix issues in goods that are not in accordance with the agreement, and the particular settings in which these rights take effect.
Verified Answer
JP
Jashan PreetMay 04, 2024
Final Answer :
A
Explanation :
Tyler was alluding to the "right to cure" under the Uniform Commercial Code (UCC), which allows a seller to attempt to correct a delivery failure within the contract time limits if they initially deliver non-conforming goods.
Learning Objectives
- Become acquainted with the rights of sellers and lessors to fix issues in goods that are not in accordance with the agreement, and the particular settings in which these rights take effect.