Answer:
Uninsured motorist protection, also known as "UM coverage," is a type of auto insurance that provides financial protection in the event of an accident caused by a driver who does not have insurance. If you are involved in an accident with an uninsured driver and you have UM coverage, your insurance company will cover the costs of your medical expenses and property damage, up to the limits specified in your policy. This type of coverage can also provide protection if you are in a hit-and-run accident. It is generally an optional coverage and it is not mandatory in all states. But it is highly recommended to have it.
Explanation:
If the sales contract is assigned, until what point in the transaction are the original buyer and seller obligated to fulfill the terms and conditions of the contract?
If the sales contract is assigned, until settlement point in the transaction are the original buyer and seller obligated to fulfill the terms and conditions of the contract.
A contract of sale, sales contract, sales order, or contract for sale is a legal contract in which a buyer (or purchaser) purchases assets (goods or property) from a seller (or vendor) for an agreed-upon monetary value (or money equivalent).
It is an evident old practice of exchange that is currently controlled by statute law in many common law countries. See also business law.
In most jurisdictions in the United States and Canada, sales contracts involving products are governed by Article 2 of the Uniform Commercial Code.
Learn more about sales contract to visit this
https://brainly.com/question/29350867
#SPJ4