Asked by Spencer Hamer- on Jul 20, 2024

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Refused Furniture.Selina arranges to sell furniture from her furniture store to Roland for $3,000.Roland was supposed to give Selina a $500 deposit on February 1 and pay the remainder in monthly installments.Selina was to deliver the furniture by February 7.Roland did not pay Selina as promised on February 1.He asked her to wait until March 1,but she refused.She also refused to deliver the furniture.Selina was able to sell the furniture for only $2,500 because of a downturn in the economy.Roland told Selina that she had no right to withhold or sell his furniture and that he was suing.Selina incurred $100 in additional amounts in advertising costs to advertise the furniture that Roland initially purchased.Selina saved $40 in delivery costs because the subsequent purchaser picked up her own furniture.Which of the following is true regarding Roland's claim that Selina had no right to withhold his furniture?

A) Roland is correct.Selina was required to deliver the furniture,but she retained the right to sue him for any deficiency.
B) Roland is correct,but only because of the special Uniform Commercial Code exception for consumer goods.
C) Roland is incorrect.Selina had a right to withhold the furniture.
D) Roland is incorrect,but only if Selina can prove that she had no reason to believe that he was a credit risk prior to signing the contract of sale.
E) Roland is correct because of federal consumer protection laws.

Uniform Commercial Code

A comprehensive set of laws governing commercial transactions in the United States, intended to harmonize the law of sales and other commercial dealings across states.

Consumer Goods

Products that are bought and used by individuals for personal consumption, as opposed to industrial or commercial use.

  • Ascertain the rights and reparations provided to buyers and sellers under the Uniform Commercial Code in the context of goods exchanges.
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Lucas VenegasJul 26, 2024
Final Answer :
C
Explanation :
Uniform Commercial Code Sections 2-703(a)and 2A-523(1)(c)allow sellers or lessors to withhold delivery of goods when the buyer or lessee is in breach.