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Bankruptcy proceedings are held in state courts.​

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​

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

Under the UCC, if a contract for a sale of goods does not specify the quantity, a court will objectively determine what is a reasonable quantity.

If a homeowner defaults, or fails to make the mortgage payments, the lender loses the right to foreclose on the mortgaged property.

Sam is the secured party in a transaction with Lilly, who is the debtor. Sam files a security agreement with the appropriate state official. The security agreement must contain

Precise Parts, Inc., and Quality Auto stores enter into a contract for a sale of auto parts that meet certain specifications. Precise Parts ships goods that do not comply. Quality Auto

Edgar refuses to pay Delia $500 for the cost to repair Edgar’s washing machine and dryer, which Delia still possesses. Delia has a lien on the machines, which will terminate​

CreditLine Inc. joins with other creditors to force Deli Sandwich Shop, a debtor, into bankruptcy. One of the goals of bankruptcy law with respect to creditors is to​

A firm offer by a merchant may be oral.