Asked by Katherine Lupercio on Jul 29, 2024
Verified
The contract between the buyer and the seller can provide for additional remedies more than those allowed in the Code.
Additional Remedies
Refers to legal solutions or compensations provided beyond ordinary damages, including injunctions and specific performance to address a wrong or breach of contract.
Code
A systematic collection, compendium, or revision of laws, rules, or regulations.
- Understand the impact of terms and conditions in contracts on the remedies available and restrictions on damage claims.
Verified Answer
ZK
Zybrea KnightAug 03, 2024
Final Answer :
True
Explanation :
The Uniform Commercial Code (UCC) allows parties to a contract to agree on additional or alternative remedies as long as these remedies are not expressly prohibited by the UCC or do not operate to deprive either party of their minimum statutory rights under the UCC.
Learning Objectives
- Understand the impact of terms and conditions in contracts on the remedies available and restrictions on damage claims.
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