Multiple Choice
A standard determined in terms of the business judgment of reasonable persons familiar with the practices customary in the type of transaction involved and in terms of the facts and circumstances of the case is:
A) good faith.
B) a subjective standard.
C) commercial reasonableness.
D) business expertise.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q74: Both the Code and the Restatement provide
Q75: If Megan intends to offer and believes
Q76: Ron offers to sell Pete his stamp
Q77: Assume an offeree mails a rejection to
Q78: If Anna Laura, in return for the
Q80: Which of the following is not a
Q81: In order to form a contract, the
Q82: Bart sends Carla an offer by express
Q83: If no time is stated, an offer
Q84: If there is no time specified for