For any business, retaining a higher percentage of customers and improving their loyalty is an offensive strategic investment that not only affects short-term profits but also greatly enhances long-run performance

In a draft transaction, the payee or the drawer is allowed to freely transfer drafts as a negotiable instrument to another party

Indicate whether the statement is true or false

Under the UCC, when the innocent specifies their own damages for a potential breach of a sales contract and they are reasonable and not punitive, these damages are called:

A) consequential damages. B) liquidation damages. C) compensatory damages. D) specific damages.