Asked by Micaila Reinschild on May 07, 2024
Verified
Uniform Commercial Code Section 1-205(1) defines ________ as previous commercial transactions between the same parties.
A) trade dress
B) course of dealing
C) commercial equity
D) usage of trade
E) course of performance
Course of Dealing
The behavior and pattern of actions between parties that establishes a common basis for understanding their conduct in executing agreements.
- Assess how customs, practices, and prior dealings contribute to the enforcement and interpretation of sales contracts within the framework of the Uniform Commercial Code.
Verified Answer
JR
Jaime ReynaMay 13, 2024
Final Answer :
B
Explanation :
Uniform Commercial Code Section 1-205(1)defines course of dealing as previous commercial transactions between the same parties.
Learning Objectives
- Assess how customs, practices, and prior dealings contribute to the enforcement and interpretation of sales contracts within the framework of the Uniform Commercial Code.