The UCC:
A) has evolved to provide merchants with rules that would meet their unique business needs.
B) frequently holds nonmerchants to a higher standard of conduct than merchants.
C) allows a merchant to be held to an oral contract if he received written confirmation of it only if the merchant signed the confirmation.
D) All of the above.
E) Only (a) and (b).

Question

Quizplus · Accepted Answer

The UCC has evolved to provide merchants with rules that would meet their unique business needs, such as the ability to create binding contracts through oral agreements.

Answer: E
 The UCC frequently holds non-merchants to a higher standard of conduct than merchants, such as requiring non-merchants to have more explicit contract terms in writing. However, the UCC does allow a merchant to be held to an oral contract if they received written confirmation of it only if the merchant signed the confirmation.