Under the Merchants' Exception Rule of the UCC,within a Reasonable

question 26

Multiple Choice

Under the merchants' exception rule of the UCC,within a reasonable time of making an oral contract,if a merchant sends a written confirmation to another,and if the confirmation is definite enough to bind the sender herself,then the merchant who receives the confirmation will also be bound by it unless he objects in writing within

• A)3 days.
• B)5 days.
• C)10 days.
• D)30 days.

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Definitions:

Actual Malice

A legal standard in defamation law requiring the plaintiff to prove that the defendant made a false statement with knowledge of its falsity or with reckless disregard for the truth.

Defamation

A false statement that injures someone's reputation, either spoken (slander) or written (libel), leading to legal action.

Parliament

A supreme legislative body in a parliamentary system, composed of elected or appointed members who represent the populace.

Libel

A false statement made in written form or published material that damages a person's reputation.