Which of the Following Would NOT Be a Merchant Under

question 89

Multiple Choice

Which of the following would NOT be a merchant under Article 2 of the UCC?

• A)The owner of a hardware store which sells paint.
• B)A car mechanic who fixes used cars and sells them in his spare time.
• C)A person who inherits three speedboats and wants to sell them to buy a car.
• D)Two of the above, (b) and (c).

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Definitions:

Indeterminate

A term used to describe a condition or outcome that cannot be definitively determined or predicted based on the available information.

Value of Y

Typically refers to the numerical worth or significance assigned to the variable 'Y' in mathematical or statistical contexts.

Slope

The measure of the steepness or incline of a line, often representing the rate of change of a function.

Economic Growth

An increase in the capacity of an economy to produce goods and services, compared over a period of time.