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Seller's Right to Cure Under the Uniform Commercial Code

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Charlotte orders 100 milk chocolate bars from Charlie to be delivered by September 1. Charlie delivers 100 dark chocolate bars to Charlotte on August 25. Which of the following is true?

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1. A seller's 'right to cure' only arises when:

2. Tommy orders 50 square feet of white tile from Trip. Tommy needs the tile by April 1. Trip delivers 50 square feet of white tile on April 1, but it's not exactly the brand Tommy ordered. Trip couldn't get the tile Tommy ordered, but had a very similar tile in stock. Which of the following is true?

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About This Quiz & Worksheet

The Uniform Commercial Code, or UCC, is a uniform act that covers sales and other commercial transactions, and this quiz/worksheet combo will help you test your understanding of the rights of a seller under this act, specifically under Article 2.

Quiz & Worksheet Goals

In these assessments, you'll be tested on:

  • When a seller's right to cure arises
  • Stipulation requiring a seller to provide exactly what the buyer ordered
  • Course of action in a real-world situation involving a right to cure

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the related business law lesson
  • Defining key concepts - ensure that you can accurately define main phrases, such as the seller's right to cure
  • Information recall - access the knowledge you've gained regarding the Uniform Commercial Code

Additional Learning

To learn more about this topic, review the lesson Seller's Right to Cure Under the Uniform Commercial Code. This lesson covers the following objectives:

  • Define the Uniform Commercial Code
  • Describe Article 2 of the UCC
  • Define the seller's right to cure and the perfect tender rule
  • Discuss the aspects of Article 2 that affect the seller
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