When a seller refuses to deliver goods that are unique, a buyer can obtain specific performance.
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Matt files a petition for a discharge in bankruptcy. His fai…
Matt files a petition for a discharge in bankruptcy. His failure to complete the required consumer education course may result in him being
A court can refuse to enforce a contract that the court deem…
A court can refuse to enforce a contract that the court deems to have been unconscionable at the time it was made.
Some student loans are dischargeable in a Chapter 7 bankrupt…
Some student loans are dischargeable in a Chapter 7 bankruptcy.
The UCC requires a contract modification to be supported by…
The UCC requires a contract modification to be supported by new consideration.
A guarantor is secondarily liable on an obligation.
A guarantor is secondarily liable on an obligation.
In a suretyship relationship, a third person’s credit become…
In a suretyship relationship, a third person’s credit becomes the security for a debt.
When more than one party claims an interest in the same coll…
When more than one party claims an interest in the same collateral, a perfected secured party’s interest has priority over security interests that are perfected later.
Once a discharge is granted, it may not be revoked, even if,…
Once a discharge is granted, it may not be revoked, even if, for example, a debtor concealed property to defraud a creditor.
The seller’s right to cure does not affect the right of the…
The seller’s right to cure does not affect the right of the buyer or lessee to reject goods.