Which of the following statements is true regarding merchants under the UCC?
A) The UCC has different rules for transactions involving merchants and transactions involving non-merchants,and merchants are generally held to a high standard of care and behavior than non-merchants.
B) The UCC has different rules for transactions involving merchants and transactions involving non-merchants,however merchants and non-merchants are generally held to the same standard of care and behavior.
C) Under the UCC,merchants and non-merchants are sometimes treated differently,however,they are both held to the same standard of care and behavior.
D) Although the UCC applies the same rules for transactions involving merchants and transactions involving non-merchants,merchants are generally held to a high standard of care and behavior than non-merchants.
E) There is no distinction between merchants and non-merchants under the UCC.
Correct Answer:
Verified
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