Asked by
Amanda Linville
on Nov 21, 2024
Verified
Under the UCC, buyers and lessees are not obligated to accept and pay for conforming goods in accordance with the contract because the lessees still has the right of refusal.
Conforming Goods
Goods that conform to contract specifications.
Right of Refusal
A contractual right that gives an individual or entity the opportunity to enter a business transaction with another party before anyone else can.
- Understand the obligations of buyers and lessees under the UCC to accept and pay for conforming goods.
Verified Answer
LG
Learning Objectives
- Understand the obligations of buyers and lessees under the UCC to accept and pay for conforming goods.