A(n)________ is a promise or a set of promises for the breach of which the law gives a remedy,or the performance of which the law recognizes as a duty.

Question

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A contract is a legally binding agreement between two or more parties that imposes obligations on the parties involved. The law provides a remedy if one of the parties breaches the contract or fails to perform their duty. Therefore, a contract is a promise or set of promises that must be fulfilled by the parties involved. The UCC (Uniform Commercial Code) is a set of laws governing commercial transactions, and a warranty is a guarantee or assurance regarding the quality or performance of a product. While both the UCC and warranties may be involved in contracts, they are not synonymous with a contract itself.

A(n)________ Is a Promise or a Set of Promises for the Breach