The ucc in the treatment of merchants and nonmerchants

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Reference no: EM13683532

1. Regarding differences under the UCC in the treatment of merchants and nonmerchants, which is true?

A. The UCC applies to merchants, but not to nonmerchants.

B. The UCC requires merchants' contracts to be in writing, but not those of nonmerchants.

C. The requirements for a merchant to form a contract are less stringent than those for nonmerchants, and merchants receive fewer protections than nonmerchants.

D. The consideration requirement has been eliminated for contracts between merchants, but is still present in contracts involving at least one nonmerchant.

Reference no: EM13683532

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