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 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
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Transcribed Image Text: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 contract
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.
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 six months
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 time period is not for less than two years.
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