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Banking procedures/ Holder in Due course

Your company buys a computer from Midnight Computer Supplies. Unknown to your company, Midnight has removed the high storage hard drive that you ordered and replaced it with an inferior drive having inadequate storage. Your company pays Midnight with a $20,000 check. Midnight owes its vendor, Marvelous Monitors, $20,000, so Midnight endorses the $20,000 check over to Marvelous. Marvelous doesn't know that Midnight switched the hard drive. Your company then discovers that Midnight switched the drives. Meanwhile, Marvelous comes to your company for the $20,000 (or more likely goes to your company's bank to cash the check.) Does your company (or your company's bank) have to pay Marvelous the $2... click for more

Subject:

Business

Topic:

Business Law

Posting ID:

28310

OTA ID:

104607

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Holder in Due Course/ Banking Procedures)

Problem: Hypothetical situation: Your company buys a computer from Midnight Computer Supplies. Unknown to your company, Midnight has removed the high storage hard drive that you ordered and replaced it with an inferior drive having inadequate storage. Your company pays Midnight with a $20,000 check. Midnight owes its vendor, Marvelous Monitors, $20,000, so Midnight endorses the $20,000 check over to Marvelous. Marvelous doesn't know that Midnight switched the hard drive. Your company then discovers that Midnight switched the drives. Meanwhile, Marvelous comes to your company for the $20,000 (or more likely goes to your company's bank to cash the check.) Question: Does your company (or ... click for more

Subject:

Business

Topic:

Business Law

Posting ID:

28328

OTA ID:

104365

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Is LLC (limited Liabilty) a form of organizatoon, the best intersest for a Bank?

Using each of the 4 criteria in lecture listed below: 1) Anti-trust law, 2) Approach to an Holder in Due course problem 3) How to obtain Holder in Due COurse status 4) Forms of Buisness organization describe why you feel that the form of organization (which is limited liabilty, LLC,(Bank of America) is (or is not) in the company's (bank) best interest.

Subject:

Business

Topic:

Business Law

Posting ID:

28343

OTA ID:

104365

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Americans with Disabilities Act

1) Write a summary of the employment law called " Americans with Disablities Act." 2) What are the 3 lessons from the act that help a new manager avoid legal problems?

Subject:

Business

Topic:

Business Law

Posting ID:

30208

OTA ID:

103477

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Administrative leadership in a Long Term Care Facility

Consider the status of facility employees in terms of level of pay, training, duties, and liability. Is this the greatest daily source of administrative attention and leadership? Can you please explain your reasons.

Subject:

Business

Topic:

Business Law

Posting ID:

31518

OTA ID:

103139

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