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a. Please summarize the content and importance of Uniform Commercial Code, Article 2, Sale of Goods and its importance in business. b. Please summarize the

a. Please summarize the content and importance of Uniform Commercial Code, Article 2, Sale of Goods and its importance in business.

b. Please summarize the differences between common law and Uniform Commercial Code, Article 2, Sale of Goods, in the areas of

  1. Contract formation and
  2. Contract performance

c. Please explain the differences between real and personal property and the use of each as collateral, protected under the Uniform Commercial Code.

d. Please summarize the content and importance of Negotiable Instruments and Secure Transactions.

e. 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.

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