When Parties Are Merchants, the UCC Requires _____________

question 18

Multiple Choice

When parties are merchants, the UCC requires _____________.

• A) Reasonableness
• B) Honesty in law
• C) Honesty in fact and also reasonable commercial standards of fair dealing
• D) Honesty in law and also reasonable commercial standards of fair dealing
• E) Honesty in fact and honesty in law

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Definitions:

Alcoholic

A person who suffers from alcoholism, which is a chronic disease characterized by an uncontrollable desire to consume alcohol despite its negative effects.

Airline Attendant

A professional responsible for ensuring the safety and comfort of passengers onboard an aircraft, typically addressing in-flight service, security, and emergency procedures.

Technological Control

The use of various forms of organizational technology to control worker productivity.

Time Limit

A specified duration within which an activity, task, or operation must be started or completed.