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ACT 5782 Business Law

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  • Top Course Tags

    Always Do the Reading

    Background Knowledge Expected

    Great Intro to the Subject

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Business Law Questions & Answers

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Business Law Questions & Answers


Business Law Flashcards

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  • 26 terms

    Term:

    Liens

    Definition:

    A lien is an encumbrance on ( claim against) property to satisfy a debt or protect a claim for the payment of a debt. Liens may arise under the common law ( usu-ally by possession of the property) or under statutory law. Statutory liens include mechanic’s liens, whereas artisan’s liens were recognized at common law. Judicial liens may be used by a creditor to collect on a debt before or after a judgment is entered by a court.

    • Creditors’ Rights and Remedies Chapter 29
    • 26 terms
    • Vocabulary for Creditors’ Rights and Remedies Chapter 29. Find, create, and access Business Law, Debt, The Bible, Debtor flashcards with Course Hero.
  • 17 terms

    Term:

    Secured party

    Definition:

    A secured party is any creditor who has a security interest in the debtor’s collateral. This creditor can be a seller, a lender, a cosigner, or even a buyer of accounts or chattel paper.

    • Secured Transactions - Chapter 30
    • 17 terms
    • Vocabulary for Secured Transactions - Chapter 30. Find, create, and access Business Law, Debt, Debtor, Uniform Commercial Code flashcards with Course Hero.

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    • Profile picture
    Nov 05, 2016
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    It is mandatory, but also a good step in the foot to learn basic business law topics.

    Course highlights:

    Easy to retain and learn. You learn cases that are faced every day.

    Hours per week:

    3-5 hours

    Advice for students:

    Be open about learning the material. It is interesting.

    • Winter 2016
    • JamesI.Ridley(P)
    • Yes
    • Background Knowledge Expected Great Intro to the Subject Always Do the Reading

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