In Which of the Following Situations Is the Seller NOT

question 23

Multiple Choice

In which of the following situations is the seller NOT a merchant under Article 2 of the UCC?

• A)Paul, a full-time college student, sold his textbooks to State Bookstore.
• B)Randall, a dentist sold his car to a friend.
• C)Dan sells toys and silverware at a garage sale.
• D)The seller is a merchant in none of the above situations.

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Definitions:

Distribution

The process of making goods or services available to consumers through various channels.

Downstream Activity

Processes in the supply chain that occur after the production phase, such as distribution, marketing, and sales to the end consumer.

SCM

Supply Chain Management, the handling of the entire production flow of a good or service — from the raw components all the way to delivering the final product to the consumer.

Customer Demand

The desire of purchasers, consumers, clients, or end-users to buy goods or services in a given timeframe at a specific price.