This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If repossessed collateral is sold or otherwise disposed of by the creditor, then the time, place, ... (Read 136 times)

KimWrice

  • Hero Member
  • *****
  • Posts: 579
on: Jun 24, 2018
If repossessed collateral is sold or otherwise disposed of by the creditor, then the time, place, manner, and method of disposal must be
 A)commercially reasonable.
 B)scheduled with the debtor so that the debtor is able to attend.
 C)court ordered.
 D)perfected.

Question 2

Who will prevail in the following scenarios applying the CISG? Would your answer change if the parties selected the UCC pursuant to a choice of law clause? Please provide a short explanation for each of your answers. Scenario A claim of formation of a contract based upon a purported acceptance of an offer mailed by a Chinese offeree but never received by the American offeror.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

randomguy133

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

Utilizing the CISG, the American offeror may prevail. Pursuant to the CISG, an acceptance is effective only when it is received by the offeror. Utilizing the UCC mailbox rule, the Chinese offeree may prevail. The mailbox rule provides that an offeree's acceptance is effective upon mailing to the offeror even if it is never received.


KimWrice

  • Member
  • Posts: 579
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

shailee

  • Member
  • Posts: 392
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Adults in late middle adulthood frequently look forward to spending more time with their partner Adults in late middle adulthood frequently look forward to spending more time with their partner
Emanuel Leutze’s Washington Crossing the Delaware (1851) is riddled with historical inaccuracies, mo Emanuel Leutze’s Washington Crossing the Delaware (1851) is riddled with historical inaccuracies, mo
Radiation Side Effects, Healing Time, and Intervention Radiation Side Effects, Healing Time, and Intervention
Broadening effleurage to lower leg. Place heels of the hands together over tibia (no pressure over ... Broadening effleurage to lower leg. Place heels of the hands together over tibia (no pressure over ...
Surtsey, a volcanic island, during the time of its formation. Surtsey, a volcanic island, during the time of its formation.
Incomplete dominance in flowering time of pea plants Incomplete dominance in flowering time of pea plants
Video: Dendrite Animation

For a complete list of videos, visit our video library