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Please explain the following statement. Assume that a contract for the sale of goods is modified....

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Operations Management

Please explain the following statement.

Assume that a contract for the sale of goods is modified. Newconsideration need not to present for the modification to bebinding if the transaction is governed by the UCC.

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A Thumbs Up Would be really helpful for me If you have any questions please leave a comment and I will get back to you as soon as possible The above statement means that we modify a contract then we need not specify any new consideration if the transaction is under UCC Uniform Commercial    See Answer
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