What type of remedy does the UCC give buyers and lessees when the other party has breached a contract?
A) The benefit of the bargain
B) Any amounts of money lost plus 10%
C) Any amounts of money lost plus 15%
D) Any amounts of money lost plus 20%
E) Any amounts of money lost plus 25%

Question

Quizplus · Accepted Answer

Sections 2-711(1) and 2A-508(1)(a) of the UCC allow buyers and lessees to cancel the contract and then seek remedies that give them the benefit of the bargain.

What Type of Remedy Does the UCC Give Buyers and Lessees