The debtor’s signature is no longer required on a UCC-1 financing statement. 

Answer the following statement true (T) or false (F)


True

Legal Studies & Paralegal

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A promise, usually written, to the promisee that relieves the promisee of an obligation owed to the promisor is a(n):

a. Waiver b. Release c. Relief d. None of the above

Legal Studies & Paralegal

?Under common law, the plaintiff may seek an expectation, a reliance, or a restitution remedy for breach of contract. Under Article 2 of the UCC, the plaintiff may only seek an expectation remedy with one exception.

Answer the following statement true (T) or false (F)

Legal Studies & Paralegal

What is the function of a Social Security number?

What will be an ideal response?

Legal Studies & Paralegal

Clara Paralegal is taking some routine information from a new client (Mr. Deal) when Deal suddenly opens his briefcase and shows her a handgun. He says: "This is the gun I used to kill my wife. I'm on my way to my bank to hide it in a safe deposit box." Clara says: "That's not a very smart place to hide it. It's the first place the police usually look! Give it to me and I'll hide it some place

where they will never look and, as I won't tell you where it is, you have plausible deniability." Clara has A) committed an act of ex parte communication. B) aided in the secreting or hiding of evidence and committed a crime. C) acted within the course and scope of her job so long as she checks with her supervising lawyer. D) acted within the course and scope of her job because the gun is attorney/client privileged.

Legal Studies & Paralegal