Curt enters into a contract with Drivers Lease Company for a three-year lease of a car. This contract is subject to
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When no delivery terms are specified in a contract for a sal…
When no delivery terms are specified in a contract for a sale of goods, the contract will fail for indefiniteness.
Authenticate means to sign or to adopt any symbol on an elec…
Authenticate means to sign or to adopt any symbol on an electronic record that verifies the intent to adopt or accept the record.
A merchant is a person who deals in goods of the kind involv…
A merchant is a person who deals in goods of the kind involved in the sales contract or who holds herself or himself out as having skill or knowledge peculiar to the practices or goods being purchased or sold.
Ronaldo’s debt to Sofia is past due. Ronaldo obtains a judgm…
Ronaldo’s debt to Sofia is past due. Ronaldo obtains a judgment against Sofia to collect the debt, but Sofia will not pay. Ronaldo requests a writ of execution. The property that is seized under the writ of execution must be
A guaranty contract must normally be in writing to be enforc…
A guaranty contract must normally be in writing to be enforceable.
Under the UCC, good faith means honesty in fact and the obse…
Under the UCC, good faith means honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade.
Manufacturing Corporation orders twelve safety videos from P…
Manufacturing Corporation orders twelve safety videos from Productions, Inc., which delivers the videos. This is most likely
Renee’s voluntary petition for bankruptcy is found to be pro…
Renee’s voluntary petition for bankruptcy is found to be proper. The order for relief is effective as soon as
Proceeds from the disposition of collateral after default ar…
Proceeds from the disposition of collateral after default are distributed in a certain order with any surplus generally going to the creditor.