FUNDAMENTALS OF BUSINESS LAW

RESPOND TO THE FOLLOWING QUESTIONS. BE AS BRIEF AND TO THE POINT AS POSSIBLE: 1-Briefly discussthe " Battle of TheForms" and theMirrorImage Rule under sec. 2-207 of the UCC, and the CISG. 2-Briefly discusstheAdvantages of theLimitedLiability Company ( LLC) form of businessorganization. 3-Briefly discussthemeaning of thefollowingterms: Definition of a “Contract”?Express vs. Implied In FactContractQuasiContract 4-Briefly discussthefollowingtermsessential to forming a validcontract: Agreement (Offer and Acceptance)-Includediscussion of Mutual Assent Legal Capacity?Consideration?LawfulPurpose 5-Briefly discussthemeaning of thefollowingtermswithrespect to the “sale of goods” underthe UCC: Definition of “warranty”?Warranty of Title?Express Warranties?ImpliedWarrantiesincludingmerchantability& fitness for a particular purpose 6- Brieflydiscusstherequirementsaninstrumentmustmeet to be a neg