Watch the video and answer this questionReal and Personal Property, Negotiable Instruments, Secured Transactions,
And Suretyship
As a business lawyer specializing in start-up businesses, your new clients, Frugal Fred and Barney Bizarre, have scheduled an appointment with you to discuss their legal considerations in acquiring property for their business. Fred and Barney need equipment for their computer business as well as a location from which to operate their business where they can maintain their equipment, meet with customers, and provide services. Although Frugal Fred has a substantial amount of money to contribute to the business, it is not sufficient to meet all of their needs. Hence, Fred and Barney are considering financing the equipment for their computer store and perhaps vehicles—as well as purchasing real estate, specifically their former work location, an abandoned quarry, as a location from which to operate their new business.
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