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​

Until the time for performance under a contract expires, the seller has a right to cure.

ABC Toy Store orders one hundred board games from Big Board Games Inc. When the games are delivered, they are all missing pieces. ABC rejects the shipment. To cure, Big Board Games must

A lessor is a party who transfers the right to the possession and use of goods under a lease.

Under the UCC, prompt shipment of goods is considered an acceptance of an offer to buy the goods.

The payment of Chick’s debt to Diamond is guaranteed by Chick’s collection of eight restored autos. Their agreement describes Chick’s subject property by serial number. To establish Diamond’s interest, this is​

In contracts involving a carrier, a seller can complete performance through a shipment contract or a destination contract.

Nell’s debt to Olsen is past due. Olsen obtains an order of garnishment to require Nell’s employer Pro Transmission Service, Inc., to pay part of Nell’s paycheck to Olsen. The law​

Troy files a petition for bankruptcy. Troy must include with the petition

The UCC imposes some different rules on merchants.