Under the UCC, a merchant is:

A Any buyer

B A person who regularly deals in goods of the kind or holds themselves out as having special knowledge

C Any consumer

D A government entity

✓ Correct Answer: Option B

UCC §2-104: merchants deal in goods of the kind and are held to higher standards than non-merchants.

💡 Why is B) the correct answer?

The correct answer to the question "Under the UCC, a merchant is:" is Option B: A person who regularly deals in goods of the kind or holds themselves out as having special knowledge.

The other options — A) Any buyer, C) Any consumer, D) A government entity — are incorrect for this CPA Exam Prep question. As explained above: UCC §2-104: merchants deal in goods of the kind and are held to higher standards than non-merchants.

📚 About This CPA Exam Prep Practice Question

This 2-level CPA Exam Prep question from the Regulation (REG) topic is part of BrainForge Quiz's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free CPA Exam Prep practice test or use flashcards for spaced repetition review.

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Under the UCC, a merchant is:

✓ Correct Answer: Option B

📚 About This CPA Exam Prep Practice Question

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