Asked by
Lianna Spano
on Nov 21, 2024
Verified
The UCC requires that ________ are obligated to accept and pay for conforming goods in accordance with the contract.
A) buyers only
B) lessees only
C) third party vendors
D) buyers and lessees
E) buyers, lessees and third party vendors
Conforming Goods
Products that meet the specifications and standards outlined in a contract of sale.
- Acquire knowledge of the duties imposed on buyers and lessees by the Uniform Commercial Code to receive and compensate for goods that conform to agreed specifications.
Verified Answer
DH
Learning Objectives
- Acquire knowledge of the duties imposed on buyers and lessees by the Uniform Commercial Code to receive and compensate for goods that conform to agreed specifications.