What Does the UCC Say Regarding a Limitation of Consequential

question 50

Multiple Choice

What does the UCC say regarding a limitation of consequential damages for commercial losses?

• A)A limitation of consequential damages for commercial losses is acceptable so long as both parties are represented by an attorney.
• B)A limitation of consequential damages for commercial losses is analyzed in the same way as a limitation of consequential damages for personal injury.
• C)A limitation of consequential damages for commercial losses is acceptable so long as any consumer was represented by an attorney.
• D)A limitation of consequential damages for commercial losses is not prima facie unconscionable.
• E)A limitation of consequential damages for commercial losses is prima facie unconscionable.

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Definitions:

Standard Deviation

A measure of the dispersion or variability of a set of data points from their mean; used in finance to gauge the volatility of an investment.

Market Risk Premium

The market risk premium is the additional return an investor expects to receive from holding a risky market portfolio instead of risk-free assets.

Portfolio AB

A diversified collection of investments of varying types held by an individual or institution.

Market Risk Premium

The additional return expected by investors for accepting the higher risk associated with the equity market over a risk-free asset.