LB 448

subject Type Homework Help
subject Pages 3
subject Words 213
subject Authors Arnold J. Goldman, William D. Sigismond

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page-pf1
A bailment that benefits only one party is known as a(n) ____________________
bailment.
A secured creditor may repossess the debtor's property and sell it to pay the debt.
A buyer may sue for ____________________ to obtain the goods covered by the sales
contract.
If the language used is specific, an advertisement can constitute a(n)
____________________.
page-pf2
____________________ is a demand for payment or acceptance made by or on behalf
of a holder of a negotiable instrument.
An all-risk policy will cover loss of property due to the insured's negligence.
The final step in administering an estate is called ____________________.
An indorsement transfers ownership of a negotiable instrument.
page-pf3
To offset the relaxed rules for sales contracts, the UCC insists on
____________________, especially when misunderstandings arise or when unforeseen
circumstances occur.
A(n) ____________________ is a court order directing the debtor to pay the amount
owed.

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