Question: The Uniform Commercial Code provides that performance under a contract may be excused if performance under the contract is commercially impractiable. What does that mean?

The Uniform Commercial Code provides that performance under a contract may be excused if performance under the contract is commercially impractiable. What does that mean?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

The day after Professor Socratic bought his new car, the right rear fender fell off. May he revoke his acceptance? Why or why not? The Uniform Commercial Code provides that performance under a...

Discharge of a contract Background: There are several reasons for which a contract can be discharged before performance under the agreement.Under common law and the UCC (Uniform Commercial Code,...

can i get help in this question please its over a court case. im supposed to explain the law of Unconscionably as decided by the court and then the facts leading up to contact being unfoceable, then...

Chapter 6 from The Legal and Ethical Environment of Business was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as...

Commercial Impracticability covers those sets of circumstances where performance is literally possible but is so radically different from that contemplated by the parties as to become impracticable....

Read the attached opinion from the Alamance County Bd of Educ v Bobby Murray Chevrolet, Inc case below, which gives more detailed information about the case. Answer this specific question: 2. Why did...

Chapter 9 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

1. Daniel Dimwit sees an advertisement for a toaster oven at Target for the price of $49.00. When he gets to Target they are all sold out. Sears has the same toaster oven for $60.00. Can Mr. Dimwit...

Case 4: THRIFTY RENT-A-CAR SYSTEM v. SOUTH FLORIDA TRANSPORT U.S. District Court for the Northern District of Oklahoma FACTS: The plaintiffs, Thrifty Rent-A-Car System and its affiliates DTG and...

Explain how the estimation of the HHI would aid a multinational firm's strategic decisions. Case can be found on page 316-317 2.Prepare a list of possible questions that the investment committee...

Let X be a random variable such that M_X (t) is finite for all t. Use the same argument as in Chebyschev's inequality test to conclude that It follows that provided that e ^ {- tx} M_X (t) reaches a...

In the management representation letter to the auditor, whose signatures would be included? Head internal auditor and treasurer. Chief executive officer and chief financial officer. Chief information...

elaborate and how does the population and sampling section of a research impact organizational efficiency and innovation of it in small and medium sized businesses

What reward will you give yourself when you achieve this?

11. Now consider the different goals you have for your life in the future. See these goals in relation to your core values and your roles. How do goals affect your roles and your values? Development...

Does this future have a sound, an image, a taste or a smell that you can evoke here and now?