Questions from Business Law

Q: What does “good faith” mean under the UCC?

What does “good faith” mean under the UCC?

Q: 1. Under what circumstances does a buyer or lessee have a

1. Under what circumstances does a buyer or lessee have a right to reject goods? 2. When can a buyer or lessee obtain specific performance?

Q: What does the obligation to “tender delivery” require?

What does the obligation to “tender delivery” require?

Q: What does the perfect tender rule require?

What does the perfect tender rule require?

Q: What are the buyer or lessee’s obligations regarding performance?

What are the buyer or lessee’s obligations regarding performance?

Q: When does a seller have a right to withhold delivery?

When does a seller have a right to withhold delivery?

Q: When can a seller reclaim goods?

When can a seller reclaim goods?

Q: When does the one-year period of the one-year

When does the one-year period of the one-year rule begin?

Q: 1. When is a seller entitled to recover damages?

1. When is a seller entitled to recover damages? 2. What is the measure of the damages?

Q: What damages can a buyer recover?

What damages can a buyer recover?