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A buyer accepted a commercial oven after a reasonable inspection. Two weeks later, an internal wiring defect that could not have been discovered during inspection caused the oven to shut down repeatedly, substantially impairing its value. The buyer promptly notified the seller that it was revoking acceptance.
Which statement is most accurate?

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The buyer may revoke acceptance if a nonconformity substantially impairs the goods' value and the statutory requirements for revocation are met. The buyer may revoke acceptance only if the contract is for services. The buyer may revoke acceptance without notifying the seller. The buyer may revoke acceptance only if the seller committed fraud.

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