Southeastern Supplies (SS) is a manufacturer and supplier of office equipment. SS contracts to sell University of Florida (UF), a local university, 5,000 UF Gator mousepads at $10 per mousepad for delivery on August 1 and payment of $100,000 due upon delivery. If UF breaches before accepting the goods, SS has the following options for remedies:

Question

Quizplus · Accepted Answer

Under the Uniform Commercial Code (UCC), which governs contracts for the sale of goods in the United States, a seller like Southeastern Supplies has several remedies available if the buyer, in this case, University of Florida, breaches the contract before accepting the goods. These remedies include the right to stop or interrupt the delivery of the goods, cancel the contract, and be discharged of its performance obligations. Therefore, all of the choices are correct.

Southeastern Supplies (SS) Is a Manufacturer and Supplier of Office