Hiram Is About to Agree to Sell a Specific Antique

question 13

Essay

Hiram is about to agree to sell a specific antique book to Natasha for $30 000.Hiram is willing to let Natasha have possession of the goods immediately.Furthermore, he is willing to sell the book on credit and to allow her to pay in ten monthly instalments.However, he is also concerned that she might become insolvent before paying the full price.If that occurred, he would want to be able to recover the book itself, rather than simply sue Natasha.After all, if she becomes bankrupt, she will not have enough money to fully satisfy all of the claims against her.Is Hiram's position truly at risk? If so, is there anything that he can do when creating his contract with Natasha to protect himself? Explain your answer.

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Definitions:

Capillaries

The smallest blood vessels in the body, connecting arteries to veins, which facilitate the exchange of water, oxygen, carbon dioxide, and many other nutrient and waste substances between blood and surrounding tissues.

Arteries

Blood vessels that carry oxygen-rich blood away from the heart to the body.

Echocardiography

Echocardiography is a diagnostic procedure that uses ultrasound waves to create images of the heart, allowing for the assessment of its structure and function.

Electrocardiogram

A test that measures the electrical activity of the heart to show whether it is working normally or to detect heart conditions.