Examlex
The Uniform Commercial Code (UCC) does not cover contracts for:
Surplus
A situation where the quantity of a good or service supplied exceeds the quantity demanded at the current price, often leading to downward pressure on prices.
Loanable Funds
Loanable funds refer to the money available for borrowing in the financial markets, composed of savings from households and businesses plus any government surplus.
Interest Rate
The percentage at which interest is charged or paid on borrowed or saved money, often expressed as an annual percentage rate.
Supplied
The quantity of a good or service that producers are willing and able to sell at a given price.
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