Asked by Jaseena Chanelle on Jul 21, 2024
Verified
If a buyer rightfully rejects nonconforming goods, he or she can resell them and retain the proceeds, without crediting the amount to the seller.
Rightfully Rejects
A term referring to the legal right of a party to refuse acceptance of goods or services that do not meet the agreed-upon specifications or contract terms.
Nonconforming Goods
Products delivered under a contract that do not meet the specifications or quality standards agreed upon.
Resell
The act of selling an item that one has previously bought to another buyer.
- Understand the legal results from a buyer's choice to accept or refuse goods.
Verified Answer
CT
Charizma TaylorJul 28, 2024
Final Answer :
False
Explanation :
Under the Uniform Commercial Code (UCC), if a buyer rightfully rejects nonconforming goods, they must account for any proceeds if they resell the goods, typically by crediting the amount to the seller or deducting it from any damages sought.
Learning Objectives
- Understand the legal results from a buyer's choice to accept or refuse goods.