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Saverina Morris
on Nov 21, 2024

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Which statement is true regarding the claim of Solid Wood that Kristin failed to properly reject the goods?

A) Solid Wood is incorrect because under the UCC Kristin had 30 days in which to reject the goods.
B) Solid Wood is incorrect only if Kristin can establish that Let Us Help You miscalculated the amount of interest she owed.
C) Solid Wood is incorrect only if Kristin can show that the goods were overpriced.
D) Solid Wood is correct only if Solid Wood can show that the goods were priced at reasonable market value.
E) Solid Wood is correct.

Good Faith

Acting with honesty and integrity in dealings, without intending to deceive or commit fraud.

UCC

Comprehensive legal guidelines for all commercial transactions in the United States are established by the Uniform Commercial Code.

Proper Reject

In the context of contracts or sales, a proper reject refers to the legitimate refusal to accept goods or services because they do not meet the agreed-upon specifications or standards.

  • Familiarize oneself with the key tenets and directives prescribed by the Uniform Commercial Code (UCC) regarding delivery provision, as well as the commitments of sellers/lessors and buyers/lessees in commercial dealings.
  • Analyze specific cases related to sales and leases contracts, applying knowledge of the UCC rules on tender, acceptance, rejection, and curing of goods.
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DS
Deepali SharmaNov 23, 2024
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