Questions from Business Law

Q: The UCC should require the same degree of definiteness of terms,

The UCC should require the same degree of definiteness of terms, especially with respect to price and quantity, as contract law does.

Q: The distinction between shipment and destination contracts for the purpose of deciding

The distinction between shipment and destination contracts for the purpose of deciding who will bear the risk of loss should be eliminated in favor of a rule that requires the buyer to always buy insu...

Q: All works created by independent contractors should be considered works for hire

All works created by independent contractors should be considered works for hire under copyright law.

Q: Rather than being allowed to file Chapter 7 bankruptcy petitions, individuals

Rather than being allowed to file Chapter 7 bankruptcy petitions, individuals and couples should always be forced to make an effort to pay off their debts through Chapter 13.

Q: No express warranties should be created by the oral statements made by

No express warranties should be created by the oral statements made by salespersons about a product.

Q: The U.S. federal courts are accepting too many lawsuits

The U.S. federal courts are accepting too many lawsuits initiated by foreigners that concern matters not relevant to this country.

Q: Congress should pass a law disallowing all negotiable instruments that are not

Congress should pass a law disallowing all negotiable instruments that are not written on paper.

Q: Skye asks Jim to buy a textbook for her at the County

Skye asks Jim to buy a textbook for her at the County Community College campus bookstore. Skye writes a check payable to the bookstore and leaves the amount blank for Jim to fill in the price of the b...

Q: We should eliminate the status of holder in due course for those

We should eliminate the status of holder in due course for those who possess negotiable instruments.

Q: Because signature stamps create so many opportunities for embezzlement, they should

Because signature stamps create so many opportunities for embezzlement, they should be banned.