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 nonmerchants, however merchants and non-merchants are generally held to the same standard of care and behavior.
B) Although the UCC applies the same rules for transactions involving merchants and transactions involving nonmerchants, merchants are generally held to a high standard of care and behavior than nonmerchants.
C) Under the UCC, merchants and nonmerchants are sometimes treated differently, however, they are both held to the same standard of care and behavior.
D) The UCC has different rules for transactions involving merchants and transactions involving nonmerchants, and merchants are generally held to a high standard of care and behavior than nonmerchants.
E) There is no distinction between merchants and nonmerchants under the UCC.

Question

Quizplus · Accepted Answer

The UCC differentiates between merchants and nonmerchants in various aspects, imposing a higher standard of care and behavior on merchants due to their expertise and knowledge in their respective fields.

Which of the Following Statements Is True Regarding Merchants Under