Multiple Choice
The definition of commercial reasonableness as used in contract law includes:
A) the business judgment of expert business managers.
B) that the practices customary in the type of transaction involved be used as a standard.
C) the requirements to develop creative and innovative solutions never before used in a particular industry.
D) None of these.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: An acceptance that contains terms different from
Q3: An offer can only be communicated by
Q6: The Rogers family has always wanted to
Q7: A counteroffer operates as a rejection of
Q14: An ad in a newspaper or a
Q30: An acceptance is generally effective upon dispatch.
Q48: The case in which the court held
Q49: An agreement of a seller to supply
Q55: An output contract is an agreement of
Q77: Assume an offeree mails a rejection to