Under the UCC,the parties are free to set the statute of limitations applicable to a contract to whatever length of time that they agree to.

Name: Under the UCC,the parties are free to set the statute of limitations applicable to a contract to whatever length of time that they agree to.
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Under the UCC, the statute of limitations for contracts is generally set at four years, but parties can agree to reduce it to not less than one year. They cannot extend it beyond four years.

Under the UCC,the Parties Are Free to Set the Statute