Instructions: Identify the Following

question 84

Short Answer

Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
St. Augustine, Florida

---

Definitions:

Bankruptcy Remedies

Legal actions and procedures intended to address financial insolvency, allowing a person or business to eliminate or reorganize debts.

Corporations

Legal entities that are separate from their owners, capable of owning property, entering into contracts, and being sued.

Partnerships

Business arrangements where two or more individuals share the ownership, responsibilities, profits, and losses of a business enterprise.

Article 2(A)

A section of the Uniform Commercial Code that specifically deals with the leasing of goods.