Trendee Clothiers,Inc.,sells t-shirts to U-Pik-It Stores,Inc.,under an existing contract.When textile costs increase,U-Pik-It agrees to a price increase,but later wants to cancel the contract.U-Pik-It may

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Quizplus · Accepted Answer

U-Pik-It cannot cancel the contract because they agreed to the price increase, which implies acceptance of the modified terms. Canceling the contract without a valid reason would likely constitute a breach of contract.