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Genetically Modified Soybean Seed Is an Example of a New

question 62

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Genetically modified soybean seed is an example of a new technology that has increased productivity. As a result, this new technology _____ production costs and _____ the supply of soybeans.


Definitions:

Substantially Conforming

A term that refers to goods, services, or performance that meets contract specifications closely enough to fulfill the agreement's requirements.

Conforming Goods

Goods that meet the specifications and standards outlined in a contract, satisfying the terms of the agreement between buyer and seller.

Preponderantly Conforming

A legal term used to describe goods that substantially meet the specifications or requirements outlined in a contract, despite minor discrepancies.

Uniform Commercial Code

A set of laws that provide legal rules and regulations governing commercial or business dealings and transactions.

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