Question

perry and tim negotiate a contract governed by the ucc. tim wants to extend the time to make a warranty claim, so perry and tim agree that tim could sue for breach any time within eight years. tim sues for breach after six years. can tim make a claim?

Answer 1

Buyers and sellers are able to negotiate a shorter time term in their contracts as long as the time period is not less than one year.

Under the UCC, the buyer must file a lawsuit on a violated contract within four years of the breach occurring or when the nonbreaching party became aware of it. According to the UCC, a breach of contract lawsuit must be filed by the buyer within four years of the breach's occurrence or when the nonbreaching party learned of it. However, buyers and sellers are permitted to agree to a shorter time frame in their contract as long as it is not less than one year.

According to the UCC, the buyer must file a lawsuit for a breached contract within four years of the incident or the date the nonbreaching party learned of it. As long as the duration is greater than or equal to one year, buyers and sellers are free to negotiate a shorter time period in their contracts.

To learn more about Buyers and sellers from the given link.

https://brainly.com/question/906651

#SPJ4