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What were the main results of the Army Testing Project?
Commercially Reasonable
Actions or procedures that a prudent person would believe to be appropriate and reasonable in the context of conducting business.
Good Faith
The honest intent to act without taking an unfair advantage over another party in a transaction.
Good Title
Legal term referring to a person's rightful ownership of property, free of any liens, disputes, or legal questions.
Bad Check
A check that cannot be processed because the account on which it was drawn lacks sufficient funds.
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