1. Discuss the three (3) legal mechanisms involved in the passing of title. 2. Distinguish between a...
Question:
1. Discuss the three (3) legal mechanisms involved in the passing of title.
2. Distinguish between a contract to sell and a contract for sale.
3. How is an agency created?
4. Describe the three (3) ways that an agent is bestowed authority to act on behalf of the principle.
5. List the four (4) main business structures, stating advantages and disadvantages to each particular structure.
6. Explain state law governing creditors rights.
7. List the three (3)types of sales that Article 2 of the UCC does not cover or include.
8. Explain when title to goods passes.
9. List the distinctions between a voluntary and involuntary bankruptcy filing.
10. What are the three (3) kinds of implied warranties?
Dynamic Business Law
ISBN: 9781260733976
6th Edition
Authors: Nancy Kubasek, M. Neil Browne, Daniel Herron, Lucien Dhooge, Linda Barkacs