University of Michigan Healthy Practices Management Paper
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Each answer should be single spaced, using no more than 700-1000 words , exhibiting your full
understanding of (1) each of the listed Business Law 2, questions, and (2) an assertion of your
understanding of its important in our recognizing and managing these legal issues as business
professionals. You should feel free to use the textbook and cases contained in the chapters we
have studied, my supporting slides and the content and work contained in your papers and our
class discussions.
1. Please summarize the content and importance of Uniform Commercial Code, Article 2,
Sale of Goods and its importance in business.
(20 Points)
2. Please summarize the differences between common law and Uniform Commercial Code,
Article 2, Sale of Goods, in the areas of
a. Contract formation and
b. Contract performance
.
(20 Points)
3. Please explain the differences between real and personal property and the use of each as
collateral, protected under the Uniform Commercial Code.
(20 Points)
4. Please summarize the content and importance of Negotiable Instruments and Secure
Transactions as studies chapters 34 and 38. .
(20 Points)
5. Please identify the three primary forms of business organization, the benefits,
detriments and differences that must be understood in order for us to best manage
within those business structures. .
(20 Points)
Textbook is a MUST cite:
https://bookshelf.vitalsource.com/#/
User Name
oli0111@aol.com
Password
SILDRUGtanni0918!
When you cite the textbook, do it this way please:
(Morgan, CH7, p17-28) – In text citations.
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