In contracts subject to the UCC, are parties free to limit the remedies available to the non

Question:

In contracts subject to the UCC, are parties free to limit the remedies available to the non breaching party on a breach of contract? If so, in what ways?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Law Today The Essentials

ISBN: 978-0324786156

9th Edition

Authors: Roger LeRoy Miller, Gaylord A. Jentz

See More Books

Question Posted: Oct 19, 2012 03:42 AM

See More Questions

Aroaz claims this constitutes a breach of contract entitling her to a share of the licensing fees obtained by the producer of the ad, including punitive damages for violating the contract agreement....
What is breach of contract? What remedies are available to a party injured by a breach?
What is breach of contract? What remedies are available to a party injured by a breach?
Which statements are true about the requires directive? (Choose two.) A. Changing it to a requires direct directive is always allowed. B. Changing it to a requires direct directive is never allowed....
Answer Exercise 6.2.4 if, instead of the current source, you put a 1.5 volt battery on wire 1. Exercise 6.2.4 (a) Write down the incidence matrix A for the illustrated electrical network. (b) Suppose...
A point charge \(q_{1}=+5.70 \mu \mathrm{C}\) is fixed at the origin of a coordinate plane. How much electrostatic work is done by the electric force on a second point charge \(q_{2}=-3.40 \mu...
Given the 1 -in. \(\times 3\)-in. glass slides upon which 1,000 aqueous drop/sec. are loaded into \(100 \times 10 \mu \mathrm{m}\) parallel channels, estimate the pressure drop. Is it sufficiently...
Coleman and Rizzuto, architects, have been using a simplified costing system in which all professional labor costs are included in a single direct cost category, professional labor; and all over head...
2. How many bits are required to address a 2K x 8 main memory if a) Main memory is byte-addressable? b) Main memory is word-addressable?
Given a database of the results of an election, find the number of seats won by each party. There are some rules to going about this: There are many constituencies in a state and many candidates who...
What remedies are available to a seller or lessor when the buyer or lessee breaches the contract? What remedies are available to a buyer or lessee if the seller or lessor breaches the contract?
Genix, Inc., has contracted to sell Larson five hundred washing machines of a certain model at list price. Genix is to ship the goods on or before December 1. Genix produces one thousand washing...
Try creating a Gantt chart of the park maintenance project using Excel.
Steam is used to heat a liquid in a shell-in-tube heat exchanger. The steam enters at T = 272 deg C and a density of 33.333 kg/m^3. Determine the pressure, quality (incoming and outgoing), and amount...
How does the concept of inclusive fitness, as formulated within the framework of kin selection and altruism, explain the evolution of cooperative behaviors, social hierarchies, and reproductive...
Explain how Base I and Base II guidelines affect banks and the purposes of the Basel I and II accord
a) b) Question Two Basel III is part of the continuous effort of the Basel Committee on Bank supervision to enhance the banking regulatory framework. It builds on Basel I and Basel II. Required:...
A baseball is seen to pass upward by a window with a vertical speed of 14 m/s. If the ball was thrown by a person 18 m below on the street, (a) what was its initial speed, (b) what altitude does it...
Explain briefly the meaning and importance to auditing of the concept of scepticism.
For what reason might an exporter use standard international trade documentation (letter of credit, draft, order bill of lading) on an intrafirm export to its parent or sister subsidiary?
The aim of marketing must be to make selling superfluous. Discuss.
What is the employment-at-will doctrine?
What is required to establish a prima facie case of disparate-treatment discrimination?
Why do you think U.S. corporations are more aggressive than European companies in taking steps to prevent sexual harassment in the workplace?
What is the worst case running time of the following sudo codes, in 0- notation? Suppose that all arithmetic operations (including simple multiplication) take a constant amount of time. Justify your...
4. Let G be a pseudorandom generator with expansion factor (n) > 2n. In each of the following cases, say whether G' is necessarily a pseudorandom generator and explain why or why not. Here, "||...
Write the code for the del () method in the following doubly linked list class public class ObjDList { private Obj Node list; private Obj Node tail; public ObjDList() { list = null; tail = null; }...

In contracts subject to the UCC, are parties free to limit the remedies available to the non

Question:

Step by Step Answer:

Yes a seller and buyer can expressly provide for remedies in ad...View the full answer

Business Law Today The Essentials

Students also viewed these Business Law questions