Which of the following is true regarding the definitions of "reasonable" and "commercial reasonableness" in Articles 2 and 2A of the UCC?
A) The UCC specifically defines those terms in section 2-103.
B) The UCC defines those terms in the context of common usage only.
C) The UCC defines those terms by reference to a special UCC glossary.
D) The UCC does not specifically define the terms. Instead, their meaning is determined by reference to such matters as the course of performance or the course of dealing between the parties, and usage of trade.
E) The UCC specifically defines "reasonable," but not "commercial reasonableness."

Question

Quizplus · Accepted Answer

The UCC does not specifically define the terms "reasonable" and "commercial reasonableness". Instead, their meaning is determined by reference to such matters as the course of performance or the course of dealing between the parties, and usage of trade. This allows for flexibility in interpretation based on the specific circumstances of each transaction.

Which of the Following Is True Regarding the Definitions of "Reasonable