Solved

On May 1,1999,S Contracts to Sell B a Toaster That

Question 68

Essay

On May 1,1999,S contracts to sell B a toaster that it warrants for five years.On May 5,1999,S delivers the toaster to B.The toaster self-destructs on April 30,2000,but B does not discover this until May 3,2000.However,B does not sue S until May of 2003.Has B sued within the time period permitted by UCC statute of limitations? Why or why not?
Yes,B has complied with UCC statute of limitations.In cases where the warranty covers future performance of the goods,the statute begins to run on the day the buyer should have discovered the defect.B obviously sued within four years of this date.

Correct Answer:

verifed

Verified

Yes,B has complied with UCC statute of l...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents