Instructions: Identify the Following Term(s)

question 46

Short Answer

Instructions: Identify the following term(s).
Liu Bang/Han Gaozu

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Definitions:

Wrongful Rejection

The unjustified refusal of a buyer to accept goods or services as stipulated in a contract.

Good Faith

The genuine intention to act without taking an unfair advantage over another party in a transaction.

Honest In Fact

A standard requiring parties in certain transactions to act with genuine intent without deceit or fraud.

Commercial Standards

Agreed-upon practices or criteria within a business sector regarding the quality and conduct of commercial activities.