UCC Flashcards
1
Q
What counts as a “signature”
A
- A signature
- Letterhead + agent’s initals
- Letterhead alone????
2
Q
How long can a firm offer last
A
3 months
3
Q
Who HAS to be a merchant for the firm offer rule?
A
JUST the seller, though the buyer CAN be as well
4
Q
Time left on delivery contracts
A
Time left on the contract to cure delivery contract is at time of delivery, so there is no time to cure . . .
5
Q
Nonconforming good
A
Can reject some, or all, of the goods
