NCMA CCCM Practice Questions - NCMA Certified Commercial Contract Manager Exam

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A buyer and seller have a written UCC contract but have not addressed an issue. Which source may supplement the UCC unless displaced by a specific UCC provision?

Only federal procurement regulations Only the seller's standard terms Principles of law and equity, such as agency, estoppel, fraud, and mistake Only the most recent invoice sent by either party

Correct Answer:

Principles of law and equity, such as agency, estoppel, fraud, and mistake

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