Examlex
Caleb is a manager at Computer-Care Company. He is expected to consider the effort of each decision alternative on all parties and select the one that optimizes the satisfaction for the greatest number of people. This is an example of the:
Uniform Commercial Code
A comprehensive set of laws that governs all commercial transactions in the United States.
Nonbreaching Seller
A party in a sales contract who has fulfilled their obligations without any violation of the agreement terms.
Essential Purpose
The fundamental objective or main reason that something exists or is done.
Objective Standard
A legal standard based on what a reasonable person would believe or do under similar circumstances.
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