________ of a Merchandise Category Is the Number of Different

question 9

Multiple Choice

________ of a merchandise category is the number of different merchandising subcategories offered.

• A) Merchandise depth
• B) Classification
• C) Variety
• D) Assortment
• E) Merchandise mixture

---

Definitions:

Revised Article 3

An update or modification to Article 3 of the Uniform Commercial Code (UCC), which governs negotiable instruments including checks and promissory notes.

Holder by Negotiation

Holder by negotiation refers to a person who has obtained possession of a negotiable instrument, such as a check, in a manner consistent with the statute's requirements for transfer, thereby acquiring the right to payment.

Involuntary

Occurring without a person's consent or against their will, often referring to actions or processes not chosen by an individual or group.

For Deposit Only

An endorsement on a check indicating that it can only be deposited into an account, not cashed.