Value Ventures,Inc. ,contracts to buy Umbrage Corporation's as?sets.Umbrage breaches the contract.Value files a suit against the corporation,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 the Uniform Commercial Code (UCC). Neither B (intellectual property), C (real property), nor D (services) are governed by the UCC and therefore are not subject to the elimination of the doctrine.