Asked by Christine Dawson on Jun 03, 2024

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Angus has rightfully rejected nonconforming goods that were delivered to him. Explain his interest in those goods in his possession and his rights and duties regarding the goods.

Nonconforming Goods

Products delivered under a contract that fail to meet the specifications or quality standards agreed upon.

Rights and Duties

The legal responsibilities (duties) and entitlements (rights) that are inherent in social and legal norms, contracts, or regulatory frameworks.

Possession

The state or fact of owning, controlling, or having something in one’s own keeping.

  • Understand the entitlements of the parties to affect the remedies available in the event of a breach.
  • Acquire insight into the justification of the Code's solutions for contract violations in sales and how they are applied.
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NK
Nadia KasterJun 05, 2024
Final Answer :
Angus has a security interest in the rejected, nonconforming goods for any payment he made on their price and for any expenses he reasonably incurred in inspecting, receiving, transporting, caring for, and keeping the goods. Angus may hold the goods and resell them. If he resells the goods, Angus is accountable to the seller for any amount of the net proceeds of the resale that exceeds the amount of his security interest.