Which of the Following Is True Regarding the UCC and Norms

question 52

Multiple Choice

Which of the following is true regarding the UCC and norms in the industry?

• A) The UCC requires that courts consider norms in a particular trade only if consumer goods are involved.
• B) The UCC allows courts to consider norms in a particular trade only if the perfect tender rule has been satisfied.
• C) The UCC requires that courts consider norms in a particular trade.
• D) The UCC does not require that courts consider norms in a particular trade.
• E) The UCC requires that courts consider norms in a particular trade only if goods with a unit price of over $500 are involved.

---

Definitions:

Brokers

Intermediaries that arrange transactions between buyers and sellers for a commission.

Loss

A reduction in value, particularly referring to finances, such as money, or other assets.

Insured

A person or entity covered under an insurance policy, receiving protection against specified losses or damages.

Intravenous Drug User

An individual who administers drugs directly into the bloodstream through a vein, often associated with higher risk of certain diseases.