Value Acquisitions, Inc., contracts to buy Wobbling Corporation's as?sets. Wobbling breaches the contract. Value files a suit against Wobbling, seeking various remedies. The doc?trine of election of remedies has been elimi?nated in contracts involving sales of
A) goods.
B) intellectual property.
C) real property.
D) services.

Question

Quizplus · Accepted Answer

The doctrine of election of remedies has been eliminated in contracts involving sales of goods under Article 2 of the Uniform Commercial Code (UCC), which governs the sale of goods. The doctrine allowed a party to choose between different remedies for breach of contract, such as canceling the contract or suing for damages. However, under the UCC, a party may pursue multiple remedies simultaneously without having to make an election.