Asked by
Taylor Everett
on Nov 21, 2024
Verified
Which of the following are the obligations of buyers and lessees?
A) Cure defects, and accept and pay for conforming goods in accordance with the contract.
B) Inspect the goods, cure defects, and accept and pay for conforming goods in accordance with the contract.
C) Accept and pay for conforming goods in accordance with the contract.
D) Accept and pay for conforming goods in accordance with the contract, ordinarily after inspecting the goods.
E) Inspect the goods and pay for conforming goods in accordance with the contract.
Cure Defects
The process of correcting errors or deficiencies in a product or construction project to meet the specified standards or contractual obligations.
Inspect Goods
The process of examining and verifying the quality, condition, and compliance of products with agreed-upon standards before acceptance.
Conforming Goods
Products that meet the specifications and standards mentioned in a contract of sale.
- Understand the duties of buyers and sellers as dictated by the UCC.
Verified Answer
DT
Learning Objectives
- Understand the duties of buyers and sellers as dictated by the UCC.