Under the UCC, good faith means honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Ideally, GDP and other measures of national income converted to U.S. dollars should be calculated on the basis of purchasing power parities or through direct comparisons of actual prices for a given product
Indicate whether the statement is true or false
Bonds are issued to finance major expansions or to refinance existing debt
a. True b. False Indicate whether the statement is true or false
Imminently hazardous consumer products are products that pose a potential risk of even slight illness or injury.
Answer the following statement true (T) or false (F)
Businesses often write appreciation messages to which of these receivers?
A) A competing business that "steals" a large customer order B) Customers who write letters of inquiry C) Employees who have suffered a recent loss such as the death of a family pet D) Customers who complain