name and briefly describe 2 remedies a seller has under the ucc when the buyer has breached and the seller still possesses the goods. t/f

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16-12-2022
Business

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name and briefly describe 2 remedies a seller has under the ucc when the buyer has breached and the seller still possesses the goods. t/f

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Tutorconsortium410 Tutorconsortium410 · Answer 1 · 2022-12-20T06:01:08+01:00

2 remedies a seller has under the UCC when the buyer has breached and the seller still possesses the goods are that he can cancel the contract or withhold the delivery.

By contract, what did you mean?

An agreement between parties that establishes legal duties for both parties is known as a contract. Mutual consent, demonstrated by a valid offer and acceptance, sufficient consideration, capability, and legality are the fundamental components needed for the agreement to be a legally enforceable contract.

Contract with example: What is it?

A commitment made by one party to another that they will or won't take a particular action in the future. As an illustration, I'll offer you $3,500 to buy your car. An acceptance. Usually reflects the conditions of the offer—an indication, through speech or action, that both parties accept the terms of the contract.

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