Question
Marcus owns 20 acres of land in upstate New York. He recently discovered that there is a pocket of natural gas under his property.Marcus wants
Marcus owns 20 acres of land in upstate New York. He recently discovered that there is a pocket of natural gas under his property.Marcus wants to cash in and sell the gas. The Phyllis Natural Gas Company wants to buy the natural gas from Marcus. How should this transaction be structured so that it does not implicate the Uniform Commercial Code?
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Dynamic Business Law The Essentials
Authors: Nancy K. Kubasek, M. Neil Browne, Daniel J. Herron, Lucien Dhooge Sue
3rd edition
007802384X, 1260247899, 9781260247893, 978-0078023842
