Which of the following is the reason why the UCC distinguishes between merchants and nonmerchants?
A)Nonmerchants can protect themselves better than merchants.
B)Compared to nonmerchants,merchants are typically insured and can bear the cost of liability.
C)Merchants tend to have more bargaining power and can take advantage of buyers.
D)Buyers tend to place more reliance on professional sellers because they are generally more knowledgeable and better able to protect themselves than nonprofessionals.

Question

Quizplus · Accepted Answer

The Code recognized that buyers tend to place more reliance on professional sellers and that professionals are generally more knowledgeable and better able to protect themselves than nonprofessionals.Therefore,the Code distinguishes between merchants and nonmerchants by holding merchants to a higher standard in some cases.

Which of the Following Is the Reason Why the UCC