In which of the following situations does the seller have the right to cure?
A) After the time for performance has expired if the seller had reasonable grounds for believing the buyer would accept a nonconforming tender with or without monetary adjustment.
B) Where the time for performance under the contract has not yet expired.
C) Where the buyer has revoked acceptance.
D) Two of these are correct but not all three.

Question

Quizplus · Accepted Answer

A and B are correct. Under the Uniform Commercial Code (UCC), a seller has the right to cure a nonconforming tender in two main situations: A) if the time for performance has not yet expired, the seller can make a conforming delivery within the contract period; and B) even after the time for performance has expired, if the seller had reasonable grounds to believe the nonconforming tender would be acceptable, possibly with a price adjustment. C is incorrect because once the buyer has revoked acceptance, the seller's right to cure is typically limited.

In Which of the Following Situations Does the Seller Have