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As Used in the Uniform Commercial Code (UCC), the Concept

Question 23

Multiple Choice

As used in the Uniform Commercial Code (UCC) , the concept "reasonable":


A) is a practical standard used to gauge what people really do in the marketplace.
B) is a theoretical concept based on the "reasonable person standard" of tort law.
C) refers to the capacity to contract.
D) refers to what a reasonable person would do in the marketplace.

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