The Uniform Commercial Code classifies a person who deals in goods of the kind under contract, or holds himself out as having special knowledge of those goods, as a(n)_________.
a. Agent
b. Principal
c. Merchant
d. Master
Answer: c. Merchant
Business
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A major disadvantage of the ranking system is that it
(a) is difficult to use (b) provides no yardstick for measuring the relative value of jobs (c) is too easily understood (d) is too flexible
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