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UCC § 2-608 provides that after a buyer has accepted goods, the acceptance may be revoked under the following circumstances: "(1) The buyer may revoke his acceptance of a lot or commercial unit whose non-conformity substantially impairs its value to him if he has accepted it (a) on the reasonable assumption that its
For a contract including an oral contract to be valid, it must have the 3 essential elements of an enforceable agreement: An offer, An acceptance of that offer, and. Consideration.
Oral contracts are valid and enforceable in North Dakota, as long as they meet the requirements of a valid contract and the requirements of the Statute of Frauds. For both oral and written contracts, a contract is enforceable as long as the elements are met.
No action, whether in contract, oral or written, in tort or otherwise, may be brought against any person performing or furnishing the design, planning, supervision, or observation of construction, or construction of such an improvement more than ten (10) years after substantial completion of such an improvement to
Theoretically, yes, verbal agreements will hold up in court in many situationsbut not all. They can be difficult to prove if one party decides to be dishonest in the event of legal proceedings.
Under Article 2, if the goods 'fail in any respect to conform to the contract,' then the buyer can reject the goods. Rejection simply means that the buyer refuses, or doesn't keep, the goods.
Which of the following is true of rejection of goods by the buyer? A rejection must be done within a reasonable time after delivery or tender to the buyer.
(1) Where the seller delivers to the buyer a quantity of goods less than he contracted to sell, the buyer may reject them, but if the buyer accepts the goods so delivered he must pay for them at the contract rate.
If a buyer refuses to accept delivery of goods, the seller can store the goods for the buyer and sue to recover the sales price if the goods are not readily resalable to another customer. Stoppage in transit is the right of an unpaid seller to stop goods in transit and order the carrier to hold them for the seller.
Step 1: Send a Notice of Intent to Lien Before you file your mechanics lien claim, North Dakota lien law says you must send a written Notice of Intent to Lien first. You should send this document to the owner of the property by registered or certified mail, at least 10 days before filing the lien claim.