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Mathematics, 11.02.2020 22:28 malakabdulah5792
Kristin purchased $2,000 worth of furniture from Solid Wood Furniture. Through an arrangement with Solid Wood, Kristin financed the purchase through a financing company called Let Us Help You. Twenty-nine days after the goods were delivered to her, Kristin had a disagreement with Let Us Help You regarding the amount of interest she would be required to pay. She notified Solid Wood on that day that she was rejecting the goods. Solid Wood claimed that she did not properly reject the furniture and also that she failed to act in good faith, an obligation imposed equally on all parties to a transaction. Kristin says that she properly rejected; that, although the UCC imposes no duty of good faith, she acted in good faith; and that, in any event, she had an absolute right to return the goods. Which statement is true regarding both the UCC and common law with regard to conforming and nonconforming goods?A. Common law usually substitutes perfect tender with the doctrine of substantial performance. B. Under the UCC and common law, if goods fail in any respect to conform to the contract, the buyer has the right to accept the goods, reject the entire shipment, or accept part and reject part. C. Both the UCC and common law recognize the distinction between material and immaterial contractual requirements. D. The perfect tender rule recognizes the distinction between material and immaterial contractual requirements. E. Under common law, if goods fail in any respect to conform to the contract, the buyer has the right to accept the goods, reject the entire shipment, or accept part and reject part.
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Kristin purchased $2,000 worth of furniture from Solid Wood Furniture. Through an arrangement with S...
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