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Merchant: Quiz

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Question 1: A merchant is a businessman who ________ in commodities that he did not produce himself, in order to earn a profit.
Free tradeTradeInternational tradeSilk Road

Question 2: A ________ merchant or retailer, sells commodities to consumers (including businesses).
RetailingPricingShoppingMarketing

Question 3: Under the common law and the ________ in the United States, merchants are held to a higher standard in the selling of products than those who are not engaged in the sale of goods as a profession.
Security (finance)Uniform Commercial CodeUnidroit convention on substantive rules for intermediated securitiesInvestment Securities

Question 4: In the United States, "merchant" is defined (under the ________) as any person while engaged in a business or profession or a seller who deals regularly in the type of goods sold.
Security (finance)Unidroit convention on substantive rules for intermediated securitiesUniform Commercial CodeInvestment Securities







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