appointments, and also have the authority to declare war on other countries. This branch includes Congress (House of Representatives and house of senate) and several agencies that provide supports to Congress. They make laws associate with the Uniform Commercial Code (UCC) including the control of trade between the United States and other countries; make laws on taxes, borrowing money and approve the making of money. They also have the power to decide if a government official should be put on trial if they
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Social Media James H. Allen Professor Sergio Gregorio Business Law 100 9 March, 2014 As the prevalence of social media continues to rise consumers are recognizing ways in which social media can direct them to better sources of purchasing. As a result, business are now jumping on the social media bandwagon at a higher than ever pace, embracing social networks to achieve their marketing and business goals. So what are the components of legally astute media marketing managers who
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bubble wrap it and ship it for sale and still have ownership of that computer chip? With the Uniform Commercial Code and Uniform computer Information Transaction Act they will shed light of how you are protected by the government. Not just consumers but business are govern a like . . Before the UCC and the UCITA, the first U.S attempt to promote uniformity in commercial laws from state to state is the commerce clause. The commerce clause of the constitution, provides
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formation, breach or discharge, and the UCC. The team gained a better understanding of the elements of a binding contract and how the UCC is involved with contracts. The class discussion was mainly regarding contracts, the UCC code, and the differences. The concept for Diana that sometimes is difficult is deciding if both parties in a contract gave consideration. If that element is missing this constitutes the lack of a contractual agreement. However, under the UCC code for merchants this is not a required
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The common law is often referred to as judge made law and was originally a case based system that had as its foundation. The principal that has similar disputes should have similar legal outcomes. The civil law is code based originating with the Justinian code of the Roman Empire. Codes consist of large comprehensive statues or specific legislation in specialized area. * Four essential elements of valid contract in the common law tradition, how different from civil law. 1) The parties must
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Not following these laws could negatively impact the company. Determine if the contracts with the businesses will be governed by common law or the Uniform Commercial Code (UCC), and explain why. I will define what it is to be governed by common law. I will also discuss what it is to be governed by the Uniform Commercial Code (UCC), and why. I will explain how each will affect the business and compare the two. I will point out which one would be best for the company and why. Analyze
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damages, rescission of the contract or a restitution of the financial position they were in before they entered into the contract. Maynard, therefore, has a good chance of obtaining a refund of his money. What are Maynard's rights under the Uniform Commercial Code (UCC) with respect to the "as-is" agreement he
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Uniform Commercial Code Article 2 of the universal commercial code, or simply article 2 of the U.C.C, deals precisely with transactions dealing with sale of goods. While other articles of the UCC covers other elements, article 2 concentrates on sale of goods only. The article defines goods as anything moveable or identifiable before and at the time of sale. This article does not deal with transfer of service contracts. Although the article deals with transfer of goods, there exist some exceptions
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amount as a homestead exemption. Article 1, section 8, clause 4 of the U.S. Constitution - Part of the constitution that provides that “ The Congress shall have the power… to establish ..uniform laws on the subject of bankruptcies throughout the United States. Article 9 (Secured Transactions) of the Uniform
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good faith and sustained damages through no fault of their own. The UCC allows the seller more than one remedy: a. If good are in hands of seller, the seller may: i. Cancel the contract outright or discontinue his own performance ii. Resell the goods at a fair market value to another party or dispose of the goods for recycling in accordance with reasonable commercial standards of the industry iii. Recover any incidental
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