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What are 3 examples of a tort?There are numerous specific torts including trespass, assault, battery, negligence, products liability, and intentional infliction of emotional distress.
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What are 3 examples of a tort?There are numerous specific torts including trespass, assault, battery, negligence, products liability, and intentional infliction of emotional distress
You're describing a situation where a planned business transaction (likely a purchase) fell through due to changed terms and a third party's involvement, resulting in a dispute over a $30,000 payment and an attempt to modify a UCC-3 termination to a UCC-1, which the seller refused to sign.
Here's a breakdown of the situation:
- You were unable to complete a planned business transaction (likely a purchase).
- The terms of the deal changed, making it impossible to proceed as originally planned.
- A third party was involved, potentially complicating the situation and the payment issue.
- A third party wanted to be paid $30,000, leading to a dispute.
- You attempted to change a UCC-3 termination (which extinguishes a UCC-1 filing) to a UCC-1 (which establishes a creditor's claim on personal property as collateral).
- The seller refused to sign the amended UCC-3, preventing the desired change.
- A UCC-1 is a legal filing used to establish a creditor's claim on personal property as collateral, notifying the public and other potential creditors of their interest in specific assets.
- A UCC-3 is an amendment to a UCC-1 filing, used for various purposes, including termination, assignment, or continuation.
- A UCC-3 termination is used to extinguish the lien before its five-year term has ended.
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Missing: opportunity third wanted paid, $30000, refused
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