The term cure refers to the right of the buyer to reject, adjust, or replace nonconforming goods.

The payment of John’s debt to Kirsten is guaranteed by John’s personal property. Kirsten is most likely to perfect her interest by

A creditor’s surrender of collateral to a debtor without the guarantor’s consent can reduce the guarantor’s obligation.

A short sale is a sale of only part of the whole property subject to a mortgage.

If the circumstances indicate bad faith, a court can dismiss a debtors’ Chapter 13 petition.

A course of performance is the conduct that occurs under the terms of a particular agreement.

Under the “partial performance” exception to the UCC, an oral contract for goods worth more than $500 is enforceable if the goods are designed to partially perform a specific function.

A student loan is discharged under Chapter 13 unless the creditor can show “undue hardship.”

Lenders Bank files a financing statement regarding a transaction with Metro Construction Company. To be valid, the financing statement must contain all of the following except​

On the entry of an order for relief in a reorganization case, the creditors generally take over the operation of the debtor’s business.