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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.

Published February 20, 2021
Categorized as Uncategorized

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​

Published February 20, 2021
Categorized as Uncategorized

A guaranty contract must normally be in writing to be enforc…

A guaranty contract must normally be in writing to be enforceable.

Published February 20, 2021
Categorized as Uncategorized

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.

Published February 20, 2021
Categorized as Uncategorized

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

Published February 20, 2021
Categorized as Uncategorized

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​

Published February 20, 2021
Categorized as Uncategorized

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.

Published February 20, 2021
Categorized as Uncategorized

Patty files a petition in bankruptcy. At the moment of filin…

Patty files a petition in bankruptcy. At the moment of filing​

Published February 20, 2021
Categorized as Uncategorized

In the absence of any specific agreements, the buyer or less…

In the absence of any specific agreements, the buyer or lessee must make payment after receipt of the goods.

Published February 20, 2021
Categorized as Uncategorized

Certain debtors may not qualify to have all debts discharged…

Certain debtors may not qualify to have all debts discharged in bankruptcy.

Published February 20, 2021
Categorized as Uncategorized

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