What Is the Function of the Gap-Filling Rule Used Under

question 78

Multiple Choice

What is the function of the gap-filling rule used under the UCC?

• A) It helps open terms be "read into" a contract.
• B) It helps a merchant revoke his offer even after acceptance.
• C) It assures the offeree that goods will be held open for a reasonable time.
• D) It protects the offeror from additional terms that may be added by the offeree.

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Definitions:

Portfolio Manager

A professional responsible for making investment decisions and overseeing a portfolio of assets to achieve specific financial goals.

Balanced Fund

An investment fund that combines a stock component, a bond component, and sometimes a money market component in a single portfolio.

Risk Tolerance

The degree of variability in investment returns that an investor is willing to withstand in their investment portfolio.

Investment Fundamentals

The basic factors or considerations, such as earnings, revenue, and market position, that influence the value of an investment.