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A homestead exemption allows a debtor to subtract the value of the family home from the amount of a debt.

If a contract specifies a certain carrier, a substitution of a different carrier for any reason breaches the contract.

The seller’s right to cure does not affect the right of the buyer or lessee to reject goods.

Once a discharge is granted, it may not be revoked, even if, for example, a debtor concealed property to defraud a creditor.

If a buyer repudiates a contract before the time for contract performance, the seller can bring an action to recover damages.

Revocation of acceptance is effective on notice to the seller or lessor.

A trustee has the power to avoid preferences.

A buyer who rightfully rejects nonconforming goods may obtain cover or cancel the contact, but may not seek damages.

A creditor’s surrender of collateral to a debtor without the guarantor’s consent can reduce the guarantor’s obligation.

A merchant’s firm offer is revocable at any time before acceptance.