amount as a homestead exemption. Article 1, section 8, clause 4 of the U.S. Constitution - Part of the constitution that provides that “ The Congress shall have the power… to establish ..uniform laws on the subject of bankruptcies throughout the United States. Article 9 (Secured Transactions) of the Uniform
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the plaintiff purchased the bat, he feels he should be refunded for the item. Issue Presented The issue in this case is whether the bat shattering to pieces violates the Implied Warranty of Merchantability under the Uniform Commercial Code (UCC). Rule According to the case of Dudzik v. Klein’s All Sports, a baseball bat can’t crack when it’s used normally or the seller has to provider the buyer with a refund for the product. LaurenceDudzik v. Klein’s All Sports,
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good faith and sustained damages through no fault of their own. The UCC allows the seller more than one remedy: a. If good are in hands of seller, the seller may: i. Cancel the contract outright or discontinue his own performance ii. Resell the goods at a fair market value to another party or dispose of the goods for recycling in accordance with reasonable commercial standards of the industry iii. Recover any incidental
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Branches of the Government and the UCC Prof: Dr. Michael Hanners Strayer University
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Bait and Switch Melody McIntosh Professor Dwight T. Elliott Law, Ethics, and Corporate Governance - LEG500 February 27, 2011 Bait and Switch 1 1. Betty drove for three hours in one-hundred degree heat. Explain if this fact has any bearing on whether or not the dealer must perform in accordance with the published advertisement. The fact that Betty drove for three hours in one hundred degree weather has no bearing on whether the dealer must perform in accordance
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Abstract The purpose of this assignment is to explain the relationship among the branches of government and the Uniform Commercial Code (UCC). As I went through the research, I was able to understand that the three branches of government, legislative, executive and judicial are associated with the UCC in many different ways. The three branches of government are related to each other because they work together towards a better future for our country everyday. They are constantly protecting the citizens
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Executory contract is one that hasn’t been performed yet 10. Treatment of rewards and auctions- what type of contract and what offer , 11. Promisor v promise’e 12. UCC purpose is uniform commercial code make sure we have a uniform code that the laws will be the same with the sales of goods 13. When does hhe ucc apply – 14. Make sure you know when the od=ffer has to be accepted 15. Understand what a consideration is. 16. Understand=d the difference between legal value and
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I think this an unfortunate situation because a contract was entered into by both parties under false assumptions. A mutual mistake of material fact was made. From the information provided it does not seem it was done intentionally by the sales person so the contract can be rescinded. If the buyer, Josh Hartly, agrees to purchase a car with the new engine that is being manufactured then both parties can continue with the sales contract. One thing to be aware of would be the price difference, if any
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Week 5 Final Paper Betty Poppins Bus 311 Instructor Brandy Krectzburg 7/01/13 Business Contracts: Protocol, Laws & Ethicality There are various kinds of contracts which arise within our business world today; contracts are an essential component to business livelihood. Although a contract is an agreement, not all agreements are valid contractual obligations. In order for any contract to be an official and legally binding agreement, there are essential requirements which must first be
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Robyn Spelts American InterContinental University BUSN150 Assignment 4 UCC v. UCITA * Before the UCC and the UCITA, what was one of the first, and most significant, of the U.S. government's attempts to promote uniformity in commercial laws from state to state? (Hint: think of commerce and Constitution.) The "Commerce Clause" of the U.S. Constitution was one of the first acts of U.S. government in regulating commerce. It supplies Congress with the sanction to regulate not only business
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