The Code defines __________ as honesty in fact and the observance of reasonable commercial standards of fair dealing .A) good faithB) unconscionabilityC) merchantabilityD) entrusting

Question

The Code defines __________ as  honesty in fact and the observance of reasonable commercial standards of fair dealing .A)  good faithB)  unconscionabilityC)  merchantabilityD)  entrusting

Micah Kaohu · Accepted Answer

Final Answer : A, Explanation :  Good faith is defined as honesty in fact and the observance of reasonable commercial standards of fair dealing in various legal contexts, including the Uniform Commercial Code (UCC) which governs commercial transactions in the United States.

The Code defines __________ as " honesty in fact and the observance of reasonable commercial standards of fair dealing ."

A) good faith
B) unconscionability
C) merchantability
D) entrusting

Definitions

Learning Objectives

Learning Objectives

Related questions

The Code defines __________ as " honesty in fact and the observance of reasonable commercial standards of fair dealing ."A) good faithB) unconscionabilityC) merchantabilityD) entrusting

Definitions

Learning Objectives

Learning Objectives

Related questions

The Code defines __________ as " honesty in fact and the observance of reasonable commercial standards of fair dealing ."

A) good faith
B) unconscionability
C) merchantability
D) entrusting