Who are the parties to a loan agreement and what is the mechanics of funding? List two events of default and two remedies for default? Compare and contrast commercial loans by lender and purpose. What is the difference between secured vs. unsecured loans? What is Article 9 of the UCC and why is it important? What does it mean for a company to be insolvent and when should it consider bankruptcy? What is the difference between Chapter 7, Chapter 11 and Chapter 13?