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Which Statement Is True Regarding Kristin's Claim That the UCC

Question 64

Multiple Choice

Which statement is true regarding Kristin's claim that the UCC imposes no obligation of good faith conduct?


A) Kristin is incorrect.
B) Kristin is correct only if she can establish that Solid Wood Furniture itself failed to act in good faith.
C) Kristin is correct in this instance because while the UCC generally imposes a duty of good faith,that duty is inapplicable in relation to third-party financing.
D) Kristin is correct only if she can establish that the goods were overpriced resulting in the right to disregard any obligation of Solid Wood.
E) Kristin is correct in this instance because while the UCC generally imposes a duty of good faith,that duty is inapplicable during the initial 30 days after a purchase when a buyer has the right to revoke acceptance for a good or a bad reason.

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