The Definition of Commercial Reasonableness as Used in Contract Law

question 13

Multiple Choice

The definition of commercial reasonableness as used in contract law includes:

• A) the business judgment of expert business managers.
• B) that the practices customary in the type of transaction involved be used as a standard.
• C) the requirements to develop creative and innovative solutions never before used in a particular industry.
• D) None of these.

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Definitions:

Races and Cultures

Categories that describe groups of people with shared physical characteristics, customs, beliefs, languages, or social behaviors.

Human Similarities

The common traits, behaviors, or characteristics shared across individuals of the human species, emphasizing the universal aspects of the human experience.

Animal Protection

Animal protection refers to efforts and laws designed to safeguard animals from mistreatment, exploitation, and ensure their well-being and rights.

Naturalistic Observation

A research method involving the systematic recording of observable behavior in its natural setting, without intervention by the researcher.