Asked by Bethany Cheek on Jun 19, 2024
Verified
Under the UCC, merchant's choice is the test to determine whether a contract is primarily for the sale of goods or services.
Merchant's Choice
In the context of credit card processing, it refers to a retailer's ability to choose which payment networks or cards they accept.
Sale Of Goods
The transaction between parties for the exchange of tangible and movable items for a price.
- Distinguish between the sales of goods and transactions that fall outside the Uniform Commercial Code.
Verified Answer
RL
Raven LindseyJun 21, 2024
Final Answer :
False
Explanation :
Under the UCC, the primary factor test (or predominant factor test) is used to determine whether a contract is primarily for the sale of goods or services, not the merchant's choice.
Learning Objectives
- Distinguish between the sales of goods and transactions that fall outside the Uniform Commercial Code.
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