One hundred porch swings have been identified to the contract and a down payment of $200 of the $1,500 purchase price has been paid.If the seller becomes insolvent, the buyer may still pay $1,300 and get the goods.

Question

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Under the Uniform Commercial Code (UCC), if a buyer has made a partial payment and the seller becomes insolvent, the buyer can pay the remaining balance and obtain the goods if they are identified to the contract.

One Hundred Porch Swings Have Been Identified to the Contract