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Under Uniform Commercial Code Section 1-205(2),any Practice That Members of an Industry

question 21

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Under Uniform Commercial Code Section 1-205(2) ,any practice that members of an industry expect to be part of their dealings is known as ________.


Definitions:

Fringes

Additional benefits provided to employees beyond their regular salaries, such as health insurance or retirement plans.

Per Capita GDP

A measure that expresses a country's Gross Domestic Product divided by its total population, indicating the average economic output per person.

Population

The total number of people living in a specific area or country at a certain time.

Real GDP

Gross Domestic Product adjusted for inflation, measuring the value of all goods and services produced within a country in a given year, reflecting the actual purchasing power.

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