Examlex
Person-focused pay programs that emphasize vertical skills work well at manufacturing companies that organize work flow around which type of organization?
Merchants
Businesses or individuals engaged in the trading of goods, services, or commodities for profit.
Reasonable Commercial Standards
A set of accepted, practical criteria that guide business conduct and transactions within a particular industry.
Good Faith
A principle that denotes honesty, fairness, and sincerity in the intentions and actions of parties involved in an agreement or transaction, without the intention to deceive or defraud.
Non-merchants
Individuals or entities engaged in transactions who do not regularly deal in goods of the kind sold, thus not considered a merchant under the Uniform Commercial Code.
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