Kumbamitwe Construction enters into a business contract with Daniel's Hardware to purchase lumber and supplies for the construction of a house. Daniel's Hardware delivers the lumber, but about 10% of the lumber is warped. The contract is silent on what would occur in the event of substandard products being delivered. According to the UCC, what might occur in this situation?
A) The parties may use default rule to resolve the problems of the contract not anticipated when the business contract was originally made.
B) Due to the ambiguity, the contract will be voidable.
C) Since the contract is silent on non-conforming products, the construction company will have to accept them as is.
D) The court will determine that no meeting of the minds truly occurred and therefore, a business contract never existed.
Correct Answer:
Verified
Q9: The fundamental purpose of the creation of
Q10: One of the greatest values of the
Q11: Aurthur, owner of Mango Industries, enters into
Q12: Another word for a default rule is
A)
Q13: Gap filler rules allow the business persons
Q15: Which statement below is correct about the
Q16: Ethan enters into a business contract with
Q17: The goal of a default rule is
Q18: If a rule is mandatory, regarding business
Q19: Pitzer Medical Services enters into an agreement
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