Which of the following is true regarding whether the buyer and seller may negotiate contractually for a shorter time period to sue for breach of comm than the statute of limitations period ordinarily recognized by the Uniform Commercial Code? Multiple Choice The buyer and seller may not negotiate for a shorter time period to sue for breach of contract, instead, they must recognize the statute of limitations period established by the Uniform Commercial Code Without limitation, the buyer and seller may negotiater a shorter time period to sue for breach of contract than the statute of limitations period ordinarily recognized by the Uniform Commercial Code The buyer and seller may negotiate for a shorter time period to sue for breach of contract than the statute of limitations period ordinarily recognized by the Uniform Commercial Code, so long as the contractually agreed-upon time period is not for less than one year

which of the following is considered an Unfair Trade Practice under Florida law? A) Abandonment B) Coercion C) Consequential Damage D) Waiver

Is obligating the breaching party to comply with the terms of a contract in addition to paying reparations an equitable relief mechanism called specific performance?

Dylan negotiates with a buyer for a Seven Eleven store to sell a one-year supply of syrups for use in its Slurpee machine, with a big discount if the buyer will take and pay for the entire quantity in the first month, assuring the buyer that the syrups have an 18-month shelf life before they would become unusable. It turns out that they have a 6-month shelf life and then go bad. The buyer should prevail on a damages claim for misrepresentation.   True OR False

What is the legal definition of a contract, and what are the requirements for a contract to be enforceable?

discuss w hat are the remedies available to buyers in case of breach of contract by seller?

Under which of the following circumstance a contract does not exist The contract has no fixed duration and can be terminated or modified by either party at any time The contract was not approved in a written form The parties of the contract have reached unanimous consent regarding termination of the contract None of them

1) What is a Contract and what are its elements? 2) When is there a VALID OFFER? 3) What is Breach of Contract? 4) Differentiate Void from Voidable Contacts.  5) When is there Undue Influence in a Contract?

If the delivery term in the parties’ contract for the sale of goods is FOB the place at what the goods originated, absent any other agreement, the buyer is responsible for making reasonable arrangements for the goods to be shipped.   true or false

Contract management can be defined as ‘the activities of a buyer before, during and after a contractis signed, to ensure that all parties to the contract understand and fulfil their contractual obligations’.Contracts may be for specific projects or for the supply of good or services over a period of time,typically between one to three years depending upon circumstances and objectives. Contractactivities can be split into two distinct but interdependent phases: pre-contract award/renewal andpost-contract management. Contract management is command and control of the activities spanningboth phases, but the potential value adding outcomes of post contract management will not berealised unless effective pre-contract management has resulted in a contract that addresses allstakeholders’ needs with the utmost professional skill. A failure in pre-contract management willresult in post-contract management time and effort being wasted on trying to resolve and correctomissions and failures of the…