Under UCC Section 2-720, the use of a word like "cancellation" or "rescission" does, by itself, amount to a renunciation of the right to sue for breach of a provision that may have occurred before a rescission.
Correct Answer:
Verified
Q11: A condition precedent terminates a contract obligation
Q12: At common law, any failure by the
Q13: In discharge by substituted agreement, the parties
Q14: When performance cannot be undertaken except with
Q15: A substituted agreement may simply replace the
Q17: Under the Uniform Commercial Code, there is
Q18: A condition precedent is a term in
Q19: "The thing cannot be done" refers to
Q20: Parties are free to agree to almost
Q21: Nathan agrees to maintain the Jones' garden
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents