Revised Article 3 defines __________ as "honesty in fact and the observance of reasonable commercial standards of fair dealing."
A)executory promise
B)good faith
C)value
D)None of the above.

Question

Quizplus · Accepted Answer

Revised Article 3, which pertains to negotiable instruments, defines "good faith" as "honesty in fact and the observance of reasonable commercial standards of fair dealing." Therefore, choice B is the correct answer.

Revised Article 3 Defines __________ as "Honesty in Fact and the Observance