Asked by
James Cunningham
on Dec 18, 2024
Verified
A buyer who has accepted goods may later ________ if the buyer can show that the defects substantially impaired the value of the goods.
A) reduce the payment by 25%
B) refuse and return the goods at the seller's expense
C) revoke the acceptance
D) Reduce the payment by 50%
E) sue in court for breach of contract without violating the UCC rules
Substantially Impaired
Refers to significant damage or deterioration, often in the context of property or assets, affecting value or functionality.
Revoke Acceptance
The act of legally rejecting a previously accepted offer or product due to defects or contract breaches.
- Determine the differences between conforming and nonconforming goods in sales and lease contracts.
Verified Answer
EV
Learning Objectives
- Determine the differences between conforming and nonconforming goods in sales and lease contracts.