Generally, acceptance of an offer to lease goods may be made in any reasonable manner and by any reasonable means.

An installment contract is breached if a seller tenders any nonconforming goods.

Larry has fifteen creditors. To force Larry into bankruptcy proceedings, at least three creditors must join the petition and their unsecured claims must add up to at least​

The doctrine of commercial impracticability only extends to problems that are unforeseen.

If goods identified to a contract are destroyed through no fault of either party, both parties are excused from performance.

Under the perfect tender rule, if tender is not perfect, the seller is obligated to try again.

According to the UCC, one open term will cause a sales contract to fail for indefiniteness.​

A lien is an encumbrance on property to satisfy a debt or protect a claim for the payment of a debt.​

The length of the payment plan under a Chapter 13 plan can be three to five years, depending on the debtor’s family income.

A financing statement must include the creditor’s signature.