• Q : Loan repayment as a necessary expense....
    Business Law and Ethics :

    Egebjerg filed a voluntary Chapter bankruptcy petition in 2006. He had been employed for 27 years, earned a gross income of $6,115.56.

  • Q : Filing for bankruptcy....
    Business Law and Ethics :

    Woodcock graduated from law school and finished his MBA in 1983. His student loans came due nine months later.

  • Q : Differences between transfer and presentment warranties....
    Business Law and Ethics :

    Evaluate the following statement: “A party can never be held liable for a negotiable instrument if he or she did not sign the check.”

  • Q : Observing reasonable commercial standards of fair dealing....
    Business Law and Ethics :

    In this bankruptcy case, the court had to determine whether an LLC should have been considered a purchaser of instruments.

  • Q : Payment regardless of possible defenses....
    Business Law and Ethics :

    At the end of January 2001, while cleaning out his self-storage locker, Kim Griffith found a certificate of deposit purportedly issued by Mellon Bank, N.A.

  • Q : Analyzing unusual nature of the payments....
    Business Law and Ethics :

    Daniel DeMarais is the former chief financial officer (CFO) of Apex IT. Through a Minnesota Department of Revenue investigation, it came to light that DeMarais.

  • Q : Cashing the fraudulent checks....
    Business Law and Ethics :

    Robert Carter, an employee of National Accident Insurance, intercepted insurance premium checks totaling more than $10 million.

  • Q : Suit alleging a claim for breach of presentment warranty....
    Business Law and Ethics :

    Donald Lynch purchased a check from Allied Irish Bank (AIB) in Ireland. The check was made payable to Advance Marketing and Investment Inc.

  • Q : Convictions of passing checks....
    Business Law and Ethics :

    In this strange case, Albertson has already been convicted of passing checks that were ultimately dishonored because of insufficient funds.

  • Q : Suit based on presentment warranty....
    Business Law and Ethics :

    A customer of Foster Bank named Choi deposited in her account a check for $133,026 that listed her as the payee.

  • Q : Filing a complaint against lennon....
    Business Law and Ethics :

    Michelle Campbell worked for Luiz Simmons as his secretary. After Campbell was hired, she formed an acquaintanceship with Simmons’s outside bookkeeper.

  • Q : Lawsuit against indiana auto sales....
    Business Law and Ethics :

    Indiana Auto Sales & Repair repossessed an automobile from one of its debtors. Indiana Auto paid an independent contractor $30 to repossess the car.

  • Q : Violating the uniform commercial code....
    Business Law and Ethics :

    In May 1990, Gerald Gaucher entered into a Retail Installment Contract and Security Agreement with Cold Springs RV Corp.

  • Q : Filing a lawsuit against the longs....
    Business Law and Ethics :

    On April 27, 1992, Darro and Tracy Long purchased a 1980 Ford Escort for $2,795 from Auto Credit, Inc. They made a cash down payment of $300

  • Q : Claim for emotional distress on appeal....
    Business Law and Ethics :

    Ford Motor Credit Corporation (FMCC) hired Traciers & Associates (Traciers) to repossess a white 2002 Ford Expedition owned by Marissa Chapa.

  • Q : Duty to conduct lien searches....
    Business Law and Ethics :

    Fordyce Bank & Trust Company (Bank) issued several loans to Bean Timberland (Bean) so that Bean could purchase timber from various landowners.

  • Q : Declaring a non dischargeable debt....
    Business Law and Ethics :

    Gergely, an obstetrician, performed an amniocentesis on Jordan Lee-Brenner’s mother during her pregnancy.

  • Q : Substantial portion of debts through a plan....
    Business Law and Ethics :

    Carlos and Suzanne Cortez fi led their petition for Chapter bankruptcy on April 8, 2004. At the time of filing, Suzanne Cortez was working, but Carlos.

  • Q : Making a hardship determination....
    Business Law and Ethics :

    Nancy Polleys was a single mother living in Wyoming. She obtained federally guaranteed student loans totaling $51,000 to attend college.

  • Q : Legal claims against chinese supplier....
    Business Law and Ethics :

    Rockland Industries agreed to purchase three containers of antimony oxide at $1.80 per pound from Manley-Regan Chemicals.

  • Q : Filing suit for breach of contract....
    Business Law and Ethics :

    The buyer contracted with the seller for the purchase of ribs. After delivery, the buyer refused to pay the contract price, claiming that the ribs arrived.

  • Q : Are there limits to the right to cure....
    Business Law and Ethics :

    Are there limits to the right to cure? Does a breaching party have the right to cure the breach, or can the nonbreaching party proceed directly to a damage.

  • Q : Rescission of the contract and damages....
    Business Law and Ethics :

    Aubrey Reeves purchased a computer system for his business from Radio Shack Computer Center.

  • Q : Refusal to accept a replacement set....
    Business Law and Ethics :

    Landrum sold Gappelberg a big-screen television. The television had many defects, some of which Landrum and his service representatives fixed.

  • Q : Time of filing of the lawsuit....
    Business Law and Ethics :

    The defendant, Sterile Technologies, Inc., purchased a sterilizer from the plaintiff, Troy Boiler Works, on an installment payment plan.

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