30. Which of the following constitutes a “promise” under UCC 3-103?
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23. As security for a loan, Merchant conveys to Lender a sec…
23. As security for a loan, Merchant conveys to Lender a security interest in his “inventory and stock on hand” at a designated location. The Merchant has signed the security agreement and the financing statement. After the date of the security agreement, the Merchant realized the agreement did not have an “after-acquired property” clause. Does such description of the items under the security agreement confer upon the Lender a security interest?
6. A car dealership decides to repaint its buildings for the…
6. A car dealership decides to repaint its buildings for the first time in five years. Because it does not do this very often, it mistakenly ends up buying about twice as much paint as it needs for the job. The car dealership then decides to sell the excess paint to a furniture warehouse down the street. Which of the following statements is most accurate based on these facts?
14. A contractor was performing re-modeling work for a nursi…
14. A contractor was performing re-modeling work for a nursing home. The written contract called for a 30-day project in which several common social areas would be refurbished, including drywall, insulation, carpeting, and painted, along with minor plumbing and cosmetic improvements, for $50,000. About a week after work started, the nursing home director asked the foreman on the job to put in natural wood paneling over the drywall, and to reduce the total area to be painted. The director also told the foreman to upgrade certain bathroom fixtures. At the end of the project, the final bill was $72,000. The nursing home’s board refused to pay that amount and tendered the $50,000 contract price, claiming that a contract could not be modified without another writing. At trial, the nursing home objected to testimony from the foreman and the nursing home director on the basis of the parol evidence rule.Do you think that the court would order the nursing home to pay the additional money?
26. Thad’s a thief. While casually browsing over the merchan…
26. Thad’s a thief. While casually browsing over the merchandise at Xavier’s, a fashionable jewelry store, he skillfully pockets a small emerald pin. He takes the pin to Happy Harry’s, a respected neighborhood pawnshop, where he uses it to borrow $500 from Harry. The pin is in Harry’s possession, and he has Thad’s agreement that it will stand as collateral for the loan. Has a security interest in the pin with Harry, as secured party, ever attached?
If you eat an organic apple, which can be used in the growin…
If you eat an organic apple, which can be used in the growing process?
What is PKU and what harm can result if a proper diet is not…
What is PKU and what harm can result if a proper diet is not adopted?
_________, found in seafood, brazil nuts, meat, cereals and…
_________, found in seafood, brazil nuts, meat, cereals and grains, can possibly provide cancer protection.
Both folate and vitamin B12 deficiencies can cause _________…
Both folate and vitamin B12 deficiencies can cause ______________ anemia.
Failure to thrive may be due to:
Failure to thrive may be due to: