The Definition of Commercial Reasonableness as Used in Contract Law

question 71

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 the above.

---

Definitions:

Hardware

The physical components of a computer system, such as the CPU, hard drive, and RAM, necessary for the operation of software.

Secondary Storage

Non-volatile storage that is not directly accessible by the computer's CPU, used for storing data long-term.

Magnetic Tapes

A data storage medium used for recording digital information, which consists of a thin ribbon of plastic coated with particles that can be magnetized in different ways to represent data.

Magnetic Disks

Data storage devices that use magnetic storage to record and retrieve digital information using one or more rotating disks coated with magnetic material.