Asked by Clayton Scheutzow on May 09, 2024
Verified
The Uniform Commercial Code gives the contracting parties very little flexibility in deciding between themselves how they will perform a contract.
Uniform Commercial Code
A comprehensive set of laws governing commercial transactions in the United States.
Contracting Parties
The individuals, entities, or organizations that enter into a contractual agreement.
Flexibility
The quality of being adaptable or the capacity to be easily modified or adjusted in response to changing conditions.
- Understand the role and flexibility of the Uniform Commercial Code (UCC) in contractual obligations.
Verified Answer
DR
Dakota ReynoldsMay 13, 2024
Final Answer :
False
Explanation :
The Uniform Commercial Code gives the parties great flexibility in deciding between themselves how they will perform a contract.
Learning Objectives
- Understand the role and flexibility of the Uniform Commercial Code (UCC) in contractual obligations.
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