Question: The Uniform Commercial Code ( UCC ) governs contracts that are made for the sale or the lease of goods. The duties of the parties
The Uniform Commercial Code UCC governs contracts that are made for the sale or the lease of goods. The duties of the parties are for the seller to turn over the goods to the buyer, who will accept and pay for the goods. In the event that one of the parties does not comply with these duties, certain remedies may be available under the UCC.
Concept Review:
Important concepts in sales contracts are rights and duties as well as remedies. This exercise will examine your understanding of these concepts.
Case:
Read the case below and answer the questions provided.
Report:
TileIt Company not a real firm recently took an order from Olivia for a specific brand and color of tile for her new accounting office. At the time of the order, Olivia made it clear that she needed the floor completed before October th as she was scheduled for her Grand Opening on October th TileIt accepted the terms of the contract and delivered the first of three shipments on September th the second on September th and the final shipment on September st None of the shipments were due until September st the date scheduled for the tile workers to begin installing the tile. Upon beginning their tile work on the st Olivia discovers that the tile was the wrong color. She immediately notifies TileIt of the tile's nonconformity upon its discovery. Tilelts manager informs Olivia that she is out of luck because she did not advise his company that the tile was the wrong color upon delivery.
Assuming Tilelt was informed that the tile was nonconforming, how long does it have to pick up the nonconforming goods? Would TileIt be required to pay Olivia any expenses related to storage of the tile until pickup?
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