Under Revised Article 2, a repudiation occurs when the repudiating party furnishes a record with express language of repudiation.

Question

Quizplus · Accepted Answer

This is correct as per Section 2-610 of the Uniform Commercial Code (UCC) which governs repudiation in contracts for the sale of goods. It states that a repudiation can occur through "a statement or act which shows that the party will not perform the contract as agreed." This statement or act can be a record with express language of repudiation, such as a letter or email explicitly stating that the party will not fulfill their contractual obligations.

Under Revised Article 2, a Repudiation Occurs When the Repudiating