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A buyer's material breach gives the seller the right to refuse to deliver the goods.

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What is the "perfect tender rule" and what restrictions has the UCC put into place that limit the perfect tender rule's effect?

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Under the perfect tender rule, the buyer...

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A buyer who accepts nonconforming goods may revoke the acceptance under limited circumstances.

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The UCC's requirement that contracting parties perform and enforce their deals honestly is termed


A) conformance.
B) acceptance.
C) good faith.
D) reasonable action.

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Matson agrees to purchase 500 wooden chairs from Woodcarvers, Inc. After Woodcarvers sets the chairs aside in its warehouse, but before the risk of loss passes to Matson, the chairs are destroyed in a fire, which was not the fault of Woodcarvers. The contract between Matson and Woodcarvers is void.

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