Examlex
What is a "merchant?" Identify four provisions in Article 2 that apply to merchants, but not to others.
Limited Partners
Investors in a partnership who are not involved in the day-to-day management of the business and whose liability is limited to the amount they have invested.
Insanity
When a person cannot understand the nature or consequences of his acts.
Court Order
A formal declaration made by a court that mandates or forbids certain actions by one or more parties.
Fiduciary Duty
A legal obligation of one party to act in the best interest of another when entrusted with care of money or property.
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