Explain the differences between real and personal property and the use of each as collateral, protected under the Uniform Commercial Code.

Words: 231
Pages: 1
Subject: Uncategorized

Book information: Business Law (4e) by James F. Morgan isbn: 978-1-61882-170-6

Book is available on vital source.com
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*Can use only book and slides as reference. In-text citation is need as well with page number. Slides need slide number)

Each question should be answer in 1 to 2 pages. (questions should not be on paper)

1. Please summarize the content and importance of Uniform Commercial Code, Article 2, Sale of Goods and its importance in business.

2. Please summarize the differences between common law and Uniform Commercial Code, Article 2, Sale of Goods, in the areas of Contract formation and Contract performance .

3. Explain the differences between real and personal property and the use of each as collateral, protected under the Uniform Commercial Code.

4. Please identify the three primary forms of business organization, the benefits, detriments and differences that must be understood in order for us to best manage within those business structures.

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