Which of the Following Statements Is True of the Uniform

question 11

Multiple Choice

Which of the following statements is true of the Uniform Commercial Code about acceptance by shipment?

• A) It specifically says that an order requesting "current" shipment of goods impliedly refuses acceptance.
• B) It says that a seller who ships "nonconforming goods" has accepted the contract if the seller reasonably notifies the buyer that such a shipment is intended as an "accommodation" to the buyer.
• C) It says that a seller who ships "nonconforming goods" has failed to breach a contract.
• D) It forces the seller to give the buyer timely notice of his inability to fill an order.

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Definitions:

Expected Return

The probable return on an investment, considering all potential outcomes and their likelihoods.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, used in statistics to quantify the spread of data.

Investment Risk

The possibility of losing some or all of the invested capital, with the potential for variability in investment returns.

Strong Form

In the context of efficient market hypothesis, it states that all information, public and private, is completely reflected in stock prices.