Article 3 uses the word reasonable to indicate that we should use __________ standard when determining whether the holder was factually honest and acting in accordance with commercial standards:

Question

Quizplus · Accepted Answer

The term "reasonable" in this context suggests an objective standard, which means the determination of whether the holder was factually honest and acted in accordance with commercial standards is based on what a reasonable person would believe or do under similar circumstances, rather than the individual's subjective beliefs or intentions.

Article 3 Uses the Word Reasonable to Indicate That We