What is the effect of a buyer's failure to comply with the statute of limitations recognized by the Uniform Commercial Code for a breach of contract action?
A)The buyer waives his or her warranty rights under the contract.
B)There is no effect if the buyer can establish that he or she was not aware of the statute of limitations.
C)It operates as a waiver of the buyer's warranty rights,but only if the seller can establish by a preponderance of the evidence that the buyer had actual knowledge of the statute of limitations.
D)It results in the buyer only having the right to sue the seller for injunctive relief,not damages.
E)It results in the buyer only having the right to sue the seller for damages,not injunctive relief.

Question

Quizplus · Accepted Answer

A buyer may waive his or her warranty rights under the contract by failing to comply with the statute of limitations.

What Is the Effect of a Buyer's Failure to Comply