If a nonconforming installment substantially impairs the value of a whole contract, the buyer can treat the entire contract as having been breached.

Question

Quizplus · Accepted Answer

This statement is true. According to the UCC (Uniform Commercial Code) Section 2-612, if a nonconforming installment substantially impairs the value of the entire contract, the buyer can treat the entire contract as breached unless the seller gives adequate assurances of a cure.

If a Nonconforming Installment Substantially Impairs the Value of a Whole