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ASCI 404 ERAU Applications in Aviation & Aero Law Aircraft Transactions Discussion

Question Description

Answer the following scenarios based on Aviation Law

Scenario 1

You are in the market to buy an aircraft and have identified one that appears that it would meet your needs and is in your price range.

How will you:

  • determine who owns the aircraft,
  • identify all outstanding security interests in the aircraft,
  • obtain the release of all such security interests, and
  • determine the condition of the aircraft?

Scenario 4

For a nation or union of nations other than the U.S.:

  • Identify any counterpart to the Uniform Commercial Code.
  • Compare and contrast the provisions of that law to those of the UCC relating to
    • Warranties
    • Security interests
  • Provide hyperlinks to references relied on.

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