Identify a situation where the UCC differs from contract common law
1.The Uniform Commercial Code governs sales contracts. Other contracts are governed primarily by contract common law. Identify a situation where the UCC differs from contract common law. Why do you think that difference exists?
2.As you have learned, there are many statutes that apply to the employee-employer relationship. Although most people likely agree that there are some laws that go too far and others that are absolutely needed, do you feel on the whole that there is too much regulation on business or do you feel more regulation is needed?
Please cite a law or regulation that serves as a good example for your argument.
3.The United States has some of the most lenient bankruptcy laws in the world toward debtors (at least for business-owning debtors). Do you think this is a good system? Why or why not?
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