3 Part Business Law Assignment

Part 1

See the attached case (M6A1 Fluormatic part 1) and answer the Critical Thinking and Ethical Decision Making question/s that follow the case summary in the attachment Note: some online research may prove helpful.

Part 2

The holder in due course provision can mean different things in the UCC and in state laws. 

Look at https://www.law.cornell.edu/ucc/3/3-302 

Then, read about the same provision in the https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXV/Chapter106/Article3/Section3-302

Next, examine https://www.ilga.gov/legislation/ilcs/ilcs4.asp?DocName=081000050HArt.+3+Pt.+3&ActID=2301&ChapterID=66&SeqStart=26500000&SeqEnd=27800000

 Then, respond to the following items:

• Compare the UCC version of the holder in due course doctrine with the holder in due course provision in Massachusetts.
• How is the latter similar or different from the UCC provision?
• Compare Illinois version to that of the UCC. 
• How is Illinois' doctrine similar or different from the UCC provision?

Part 3

Bankruptcy law has been a topic for debate for the US Government. Go online to read https://www.nbcnews.com/id/wbna25586249#.XBpthJWouHs 

Then search the Internet for additional information about his proposed reforms.

Respond to the following items:

• Give arguments either in support or opposition to the Obamas proposals.
• In your reasoning, be sure to reference the impact of the most recent changes in bankruptcy law.

Each part must be a page in length and have its own sources cited in APA format.