The UCC permits a buyer under a contract of sale to agree as part of the contract that he will not assert against an assignee any claim or defense that the buyer may have against the seller under certain circumstances.Identify these circumstances,and discuss the reason the UCC permits such a provision and how the FTC deals with such waiver of defense provisions.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q68: Give an example of an assignment of
Q69: The law governing assignments is found in
Q70: When contract terms prohibiting the assignment of
Q71: Which of the following involves an invalid
Q72: Noel and Lyle have a contract whereby
Q73: Which of the following is NOT true
Q75: Name four nonassignable contract rights found in
Q76: Brice owns a parcel of land that
Q77: Mary goes to a stockbroker,purchases 50 shares
Q78: Lynne is the intended beneficiary of a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents