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Which of the following is/are TRUE about performance of a contract?

Answer

A. Under the UCC, the performance of a sales contract must meet the "perfect tender" rule.

B. Under the common law, the performance of a construction contract must meet the "substantial performance" doctrine.

C. Under the common law, a contract with a time for performance must be performed as a general rule on the contract date or a reasonable time thereafter.

D. All of the above are true.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9275666

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