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Which of the Following Statements Is Correct

question 27

Multiple Choice

Which of the following statements is correct?


Definitions:

Obligation

A commitment or duty to do something or to refrain from doing something.

Merchant

A person or company involved in the wholesale or retail trade of goods or services.

Rejection

The refusal to accept an offer or proposal.

Good Faith

The sincere aim to behave without exploiting another party unfairly in a deal.

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