Examlex
A competent communicator will choose the same way of responding to others, no matter what the situation, if the response was successful in the past.
Merchants
Individuals or businesses engaged in the trade of goods, services, or commodities for profit.
Nonmerchants
Individuals or entities that do not regularly engage in selling goods or services and therefore may not be held to the same standards as merchants in commercial transactions.
UCC
stands for Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.
Standardized Contract
A pre-determined, template agreement used in numerous transactions without substantial modification.
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