Who Said, "Competition Can Be Fierce, but Must Also Be

question 94

Multiple Choice

Who said, "Competition can be fierce, but must also be fair and legal"?

• A)Adam Smith
• B)Milton Friedman
• C)Pepsi
• D)Marsh McLennan

Differentiate between federal law and the Uniform Commercial Code in governing transactions.

Understand the requirements for contract modifications under the UCC.

Distinguish between the mirror-image rule and UCC’s stance on contract terms and acceptance.

Identify different types of sales and the concepts of title as outlined by the UCC.

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