Examlex
generation of children born between 1946 and 1964 is referred to as
Reasonable Commercial Standards
A set of accepted, practical criteria that guide business conduct and transactions within a particular industry.
Good Faith
A principle that denotes honesty, fairness, and sincerity in the intentions and actions of parties involved in an agreement or transaction, without the intention to deceive or defraud.
Non-merchants
Individuals or entities engaged in transactions who do not regularly deal in goods of the kind sold, thus not considered a merchant under the Uniform Commercial Code.
Uniform Commercial Code
A comprehensive set of laws governing commercial transactions between states, ensuring consistency and predictability in business dealings.
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