Revocation of Acceptance of Goods

Revocation of Acceptance of Goods

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video tutorial explains the Uniform Commercial Code (UCC) rules regarding the acceptance and revocation of goods. It outlines that once goods are accepted, the acceptance is generally final. However, exceptions exist, such as when goods are non-conforming and the seller fails to cure the defect within a reasonable time. The process of revocation must be communicated to the seller, and it is valid if the seller does not remedy the non-conformity within the contract period. The tutorial emphasizes the importance of understanding the conditions under which revocation is permissible.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the presumption regarding the acceptance of goods after inspection?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Under what circumstances can a revocation of goods be considered valid?

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