Dan,a Computer Programmer,holds a Garage Sale to Sell a Lawnmower,some

question 29

Multiple Choice

Dan,a computer programmer,holds a garage sale to sell a lawnmower,some clothes,some CDs and some old clothes.Will,a lawyer,sells Thelma his collection of seashells.Philip,a CEO of a successful company,sells George his pet parakeet.Judy,an expert horse trainer,sells Bob a horse.Which person would be considered a merchant under the UCC?

• A)Dan
• B)Will
• C)Judy
• D)Philip

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Definitions:

Regulatory Capture

A situation where regulatory agencies are dominated by the industries they are charged with regulating, often leading to a favoring of industry interests over the public.

Health And Safety

Regulations and practices designed to prevent accidents and injuries in workplaces and public environments.

Private Companies

Private companies are businesses owned by individuals or groups that do not trade their stock publicly on stock exchanges.

Public Companies

Companies whose shares are traded publicly on stock exchanges, allowing for wider ownership by investors.