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UCC filings reflect liens placed on certain personal property, such as equipment and accounts receivable, that generally cannot be titled or deeded, like automobiles, aircraft, boats, and real ...
Failure to agree to purchase or sell a specific quantity of goods could be problematic if assurance of supply is important for business. UCC § 2-201 (1). Formal Requirements; Statute of Frauds.
Commercial litigators who represent financial institutions should understand Article 4A of the Uniform Commercial Code (UCC), which governs funds transfers, including the fundamentals of funds ...
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