Under the common law, contract modifications must be supported by new consideration to be binding on the parties. Under UCC Article 2:

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Under UCC Article 2, which governs contracts for the sale of goods, parties can modify an existing sales contract without the need for new consideration, provided the modification is made in good faith. This is a significant departure from the common law requirement that all contract modifications must be supported by new consideration to be binding. Choices A, B, C, and D are incorrect because they either misstate the requirements under UCC Article 2 or present options that are not aligned with its provisions.

Under the Common Law, Contract Modifications Must Be Supported by New