When may a buyer revoke acceptance if a nonconformity substantially impairs the value of goods?
A) For any reason within 24 hours of acceptance.
B) For any reason within 48 hours of acceptance.
C) For any reason within 7 days of acceptance.
D) For any reason within 30 days of acceptance.
E) Only if the buyer had a legitimate reason for the initial acceptance.

Question

Quizplus · Accepted Answer

Under the Uniform Commercial Code (UCC), a buyer may revoke acceptance of goods if the nonconformity substantially impairs the value of the goods to them and they had a legitimate reason for the initial acceptance, such as not discovering the nonconformity due to its latent nature or relying on the seller's assurances. The revocation must occur within a reasonable time after the buyer discovers or should have discovered the ground for it and before any substantial change in the condition of the goods which is not caused by their own defect. The options suggesting a specific time frame (24 hours, 48 hours, 7 days, 30 days) are not accurate representations of the UCC's provisions regarding revocation of acceptance.

When May a Buyer Revoke Acceptance If a Nonconformity Substantially