Under Article 2 of the UCC,what are the obligations of the parties with respect to good faith?
A) There is no obligation of good faith unless the parties have agreed to one as part of the terms of their contract.
B) Merchants always have an obligation of good faith, but nonmerchants do not.
C) Merchants and nonmerchants have the same obligation of good faith.
D) Nonmerchants are held to the subjective standard of honesty in fact.
E) Nonmerchants are held to an objective standard of honesty in fact.

Question

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The Answer of Under Article 2 of the UCC,what are the obligations of the parties with respect to good faith?
A) There is no obligation of good faith unless the parties have agreed to one as part of the terms of their contract.
B) Merchants always have an obligation of good faith, but nonmerchants do not.
C) Merchants and nonmerchants have the same obligation of good faith.
D) Nonmerchants are held to the subjective standard of honesty in fact.
E) Nonmerchants are held to an objective standard of honesty in fact.

Under Article 2 of the UCC,what Are the Obligations of the Parties