Unless the parties agree otherwise, or for C.O.D. (collect o… Unless the parties agree otherwise, or for C.O.D. (collect on delivery) transactions, the buyer or lessee has an absolute right to inspect the goods before making payment. Read Details
A mortgage is recorded in the appropriate county office wher… A mortgage is recorded in the appropriate county office where the property is located. Read Details
A security interest is enforceable only if the debtor has ri… A security interest is enforceable only if the debtor has rights in the collateral. Read Details
Certain debtors may not qualify to have all debts discharged… Certain debtors may not qualify to have all debts discharged in bankruptcy. Read Details
A lessor is a party who acquires a right to the possession a… A lessor is a party who acquires a right to the possession and use of goods under a lease. Read Details
Olive borrows money from Capital Loan Company. For Capital t… Olive borrows money from Capital Loan Company. For Capital to obtain a writ of execution, Olive must Read Details
Donna goes through an involuntary bankruptcy proceeding. An… Donna goes through an involuntary bankruptcy proceeding. An involuntary bankruptcy occurs when Read Details
Business Rental Corporation (BRC) and Cartage Trucking Compa… Business Rental Corporation (BRC) and Cartage Trucking Company enter into a contract for a lease of ten hydraulic lifts. Under the perfect tender rule, BRC must ship or tender goods to the lessee that Read Details
A creditor can demand payment from the surety before the deb… A creditor can demand payment from the surety before the debt is due. Read Details
Olaf is the creditor in a transaction with Phil. Once certai… Olaf is the creditor in a transaction with Phil. Once certain requirements are met, Olaf’s rights will attach, which means that Olaf will have Read Details