Under the UCC Which of the Following Refers to the History

question 60

Multiple Choice

Under the UCC which of the following refers to the history of dealings between the parties in the particular contract at issue?

• A) Trade norm
• B) Course of dealing
• C) Anticipated trade dealing
• D) Usage of trade
• E) Course of performance

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Definitions:

Cumulative Voting

A voting system in corporate elections that allows shareholders to concentrate all their votes on one candidate for the board of directors.

Illegal Dumping

The improper disposal of waste at a non-approved location.

Duty of Loyalty

is an ethical and legal obligation requiring individuals, often corporate directors or employees, to act in the best interest of their company or employer, avoiding conflicts of interest.

Duty of Care

A legal obligation imposed on individuals or entities requiring adherence to a standard of reasonable care to prevent harm to others.