What Does "Course of Dealing" Refer to When Interpreting the Express

question 3

Multiple Choice

What does "course of dealing" refer to when interpreting the express terms of a written statement?

• A) the previous conduct of the parties regarding the contract in question
• B) the conduct of the parties in prior transactions and contracts
• C) the conduct of contractual parties with parties not involved in the contract
• D) any practice of dealing that is regularly observed or adhered to in an industry

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Definitions:

Luxury Products

High-quality, often expensive, goods that are not essential but are desired for their status and pleasure they provide.

African Slaves

Individuals of African descent who were forcibly brought to the Americas and subjected to a life of servitude and exploitation, primarily in the agricultural economies of the colonies and the U.S. South.

European Society

Refers to the social structure, norms, and cultural practices prevalent within European countries.

Rigid Class Lines

A structured social system where social mobility is difficult or impossible, often determined by birth or wealth.