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Harold files a bankruptcy petition. The resulting automatic stay will apply to Harold’s payments for​

A trustee has the power to avoid a sale of the debtor’s property.

If the assets in a debtor’s estate in bankruptcy are insufficient to pay fully all creditors, the debtor is liable for the difference.

Authenticate means to sign or to adopt any symbol on an electronic record that verifies the intent to adopt or accept the record.

When no delivery terms are specified in a contract for a sale of goods, the contract will fail for indefiniteness.

Curt enters into a contract with Drivers Lease Company for a three-year lease of a car. This contract is subject to

Stitches Corporation enters into a contract to sell denim clothing to Trend Fashion Company, which in turn sells the clothing to consumers. In contrast to standards that apply to consumers, the UCC imposes on merchants

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.

Under the UCC, good faith means honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade.

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