Answered: In the sale of goods governed by UCC,…

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In the sale of goods governed by UCC, are merchants held to a higher standard than common/lay persons? Why or why not?

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Question

In the sale of goods governed by UCC, are merchants held to a higher standard than common/lay persons? Why or why not?

Expert Solution

Step 1: Definition of Sale of Goods

Please find the answer below.

SALE OF GOODS:

A contract for the sale of things is one in which the seller sells the buyer the property in the products in exchange for payment. Between two co-owners, there can be a contract of sale.

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