Commercially Reasonable Means

question 5

Multiple Choice

Commercially reasonable means

• A) getting the highest price possible for goods without violating the law.
• B) charging a fair price for goods and not taking advantage of others in the industry.
• C) observing industry standards and practices that may be unique to the particular industry.
• D) observing industry standards and practices that are generally accepted throughout various industries as proper business practices.

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Definitions:

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