The UCC requires that consideration be provided for the modification of sales and lease contracts.

Name: The UCC requires that consideration be provided for the modification of sales and lease contracts.
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Under the Uniform Commercial Code (UCC), consideration is not required for the modification of an existing sales or lease contract, provided the modification is made in good faith. This is a departure from the general contract law principle that requires consideration for contract modifications.

The UCC Requires That Consideration Be Provided for the Modification