Asked by Julia Holsten on May 08, 2024

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Under the UCC, __________ refers to the manner and extent to which the respective parties to a contract have accepted successive tenders of performance by the other party without objection.

A) course of dealing
B) usage of trade
C) course of performance
D) integrated document

Course of Performance

Course of Performance refers to the conduct between parties in the execution of a contract that helps to interpret and define the contract's terms.

UCC

Uniform Commercial Code; a comprehensive set of laws governing all commercial transactions in the United States.

  • Understand the relevance of past dealings, courses of performance, and trade usages in contract interpretation.
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Verified Answer

TA
Taylor AllenMay 13, 2024
Final Answer :
C
Explanation :
Course of performance refers to the past conduct between the parties to a contract in fulfilling the terms of the agreement. It is one of the three primary factors under the UCC used to interpret the parties' intent in a contract, along with course of dealing (past conduct in previous transactions) and usage of trade (industry practices and customs) (options A and B). Integrated document refers to a written contract that fully expresses the parties' agreement and cannot be contradicted by prior or contemporaneous statements or negotiations.