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vivado [14]
2 years ago
14

In the sale of a business, if the requirements of the Uniform Commercial Code are not

Business
1 answer:
alina1380 [7]2 years ago
5 0

If the requirements of the Uniform Commercial Code are not  followed, the party that is most probable to suffer the highest injury is the buyer

The UCC comprised of rules that applied for the following contracts:

  • Sale of goods
  • Goods leasing
  • negotiable instruments
  • banking transactions
  • letter of credit
  • investment securities
  • transactions that are secured

It is to be adopted in many states also at the same time it gives the remedies and rights to both the buyer & seller

So, the parties that do not suffer are:

  1. Broker
  2. Creditor
  3. Lender

Therefore we can conclude that If the requirements of the Uniform Commercial Code are not  followed, the party that is most probable to suffer the highest injury is the buyer

Learn more about Uniform Commercial Code here: brainly.com/question/8476938

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Dominique, an executive chef in a large hotel, recently attended a training conference sponsored by several top professionals in
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