Prepare the letter to Michael from Emily regarding the default.

Michael Andrews wants to buy or lease a new computer with printer. He shops around and decides to purchase a computer and printer from his friend, Emily Browning. Th e price for the computer and printer are $800. Michael cannot aff ord to pay for the computer and printer in one payment, so Emily agrees that he can pay $200 a month for four months. After the second month, Michael defaults. a. Prepare the letter to Michael from Emily regarding the default. b. Does the U.C.C. apply to this transaction? Explain. c. What if Michael purchased the computer and printer from Computer Depot? Would the U.C.C. apply to the transaction? Explain.