by TheBusinessProfessor | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
[cite] Next Article: How to Read the Contract Back to: CONTRACT LAW What is efficient breach? Efficient breach occurs when a party makes a conscious decision to breach a contract after balancing the costs of complying against fulfilling the contractual obligation....
by TheBusinessProfessor | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
[cite] [arve url=”https://youtu.be/dvXAq3NqiY8″ title=”Breach of Contract” description=”This video explains what it means to Breach a Contract. ” /] What is a breach of contract? Next Article: Methods of Resolving Breach of Contract...
by TheBusinessProfessor | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
[cite] [arve url=”https://youtu.be/cGTcO5ZMFCE” title=”Types of Endorsement of a Negotiable Instrument” description=”This video explains the various methods or types of endorsement of a negotiable instrument or commercial paper. ”...
by TheBusinessProfessor | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
[cite] [arve url=”https://youtu.be/WPhgw8hSrgA” title=”Negotiability of a Commercial Instrument” description=”This video explains what is Negotiability of a Commercial Instrument.” /] Next Article: Requirements for Commercial Paper...
by TheBusinessProfessor | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
[cite] [arve url=”https://youtu.be/KFv0vUfJKgw” title=”Acceptance of Offer to Contract – UCC Battle of Forms” description=”This video explains the acceptance of an offer to contract – UCC Battle of Forms” /] Next...
by TheBusinessProfessor | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
[cite] Back To: COMMERCIAL LAW: CONTRACTS, PAYMENTS, SECURITY INTERESTS, & BANKRUPTCY Other Exceptions to Consideration Requirement There are two very broad, common exceptions to the requirement that a contract be supported by consideration. Option Contracts...