The UCC provides that a contract for the sale of goods can be effectively modified without new consideration, provided the modification is made in good faith and both parties intend to modify the contract.

Question

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The Uniform Commercial Code (UCC) allows for the modification of contracts for the sale of goods without new consideration as long as the modification is made in good faith and both parties intend to modify the contract, as stated in UCC Section 2-209.

The UCC Provides That a Contract for the Sale of Goods