Question 1
List and Explain the five elements necessary to create a landlord-tenant relationship.
Question 2
Where does the UCC derive from? What can it do for merchants that the common law can't in terms of contract formation, performance and remedies? And what value do warranties have over the common law principles of negligence and strict liability?
Question 3
What is the difference between an assignment and a negotiation of an instrument? What contract is made when people indorse negotiable instruments?
Question 4
What is the difference between a secured loan and an unsecured loan? How is each handled in bankruptcy?
Each answer is with references and in-text citation.
