Asked by feiben alaze on May 28, 2024
Verified
The UCC does not permit buyers to recover from sellers who have breached warranties of title.
Warranties of Title
Guarantees given by a seller to a buyer that the seller has the right to transfer ownership and no undisclosed liens exist on the property.
- Understand the conditions in which the Uniform Commercial Code implies a seller has a lawful title and the ramifications for warranties of title.
- Understand the circumstances and restrictions regarding the disavowal of guarantees in a contractual agreement.
Verified Answer
MG
Monica GonzalezMay 31, 2024
Final Answer :
False
Explanation :
The UCC allows buyers to recover from sellers who have breached warranties of title, providing remedies for such breaches under its provisions.
Learning Objectives
- Understand the conditions in which the Uniform Commercial Code implies a seller has a lawful title and the ramifications for warranties of title.
- Understand the circumstances and restrictions regarding the disavowal of guarantees in a contractual agreement.
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