8 If today, a contract for a service includes goods purchased, it witl be goveme
ID: 292480 • Letter: 8
Question
8 If today, a contract for a service includes goods purchased, it witl be govemed by the UCC 9. Promises of fact elearly made during the bargaining peocess are implied 1O. Under no circumstance can a consumer rescind a contract freely entered 1I. An implied warranty of tille to goods can be disclaimed 12. Today a seller of consumer goods cannot disclaim the warranty of merchantability 13. Merchants always have valid title to the goods they sell. 14. A stock broker can qualify as a merchant. 15. To a buyer, a "sale on Approval" deal is more preferable to a "sale or return" deal. 16. Today, once a buyer accepts goods which do not conform to the contruct, she is stuck with them, there is nothing she can do about them 17. Under common law if a buyer pays for goods andd later discovers that they are defective she can return the goods for a refund. 18. Unless the parties agree otherwise, a buyer or lessee must pay for the goods in advance before delivery. 19. A buyer must accept conforming goods, and pay for them in full. 20. All offers can be revoked any time before performance is complete.Explanation / Answer
In US -
There is a law of sales and other commercial transaction called as UCC or Uniform Commercial Code.The UCC deals primarily with transactions involving personal property like those which are movable i.e property which can be transported over.
There is a provision of filling of buyers representation agreement in case there is any involvement of broker while buying or dealing for any items.
There are certain criteria which is laid out before with the buyers and sellers and under the UCC it is followed accordingly like every single condition laid out in the question itself-
Every Clause has been set with definite relation regarding the buyers and sellers.Before the item is purchased and later till the proper statisfaction of the buyer , there are certain rules set up and it is to be followed accordingly.
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