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Grimberg sold a famous painting to Cohen for $785,000. Possession of the painting passed to Cohen but payment was never made.
A restaurant called The Inn Between entered into a contract to purchase a used restaurant computer system.
Shipping terms play an important role in determining when title, risk of loss, and insurable interest pass from seller to buyer.
Are negotiable instruments more similar to money or contracts? Explain. Identify and define each of the elements of negotiability.
Evaluate the following statement: “Order paper and bearer paper must be delivered to be negotiated.”
Evaluate the following statement: “If a signature on a check is forged, the customer will never be responsible for the amount on the check.”
Dr. Rodrigue is an obstetrician-gynecologist, who in 1989 opened her own practice. The financial support to open her new practice came from North County.
Stacy and Michael Russell are residents in Harrah, Oklahoma, who live in a trailer. Oklahoma Farm Bureau Mututal Insurance Company was the insurer on the home.
In October 2006, America’s Wholesale Lender (AWL) agreed to loan John Horvath $650,000. The loan was stated in an interest-only, fixed-rate note.
The plaintiff, U.S. Bank, fi led a complaint to foreclose the defendant’s mortgage because the defendant had failed to pay the monthly.
You will choose a topic based upon compliance standards related to health information initiatives in medical law and ethics
Wachovia, a bank, made a loan in 2003 to McNamee for $150,000, and he signed a promissory note for the loan.
Casey Anthony, a Florida resident, has recently gained fame in the murder trial of her daughter, Kaylee.
In January 2008, $243,000 was transferred from the account of William Ryder’s account at the Universal City Studios Credit Union to a bank in Hong Kong.
What is the distinction between primary liability and secondary liability for a signed negotiable instrument?
Does possible misuse constitute a waiver of the implied warranties? Consider the case of a lessee of a car who after 18 months found the car was running roughly
The defendant contracted with the plaintiff to design, maintain, and develop software and to host the defendant’s web page.
The two companies had an agreement by which Sunrish was providing a food product to Nutrisoya. However, Sunrich allegedly did not deliver the products covered.
The opera company was hired to perform in the outside pavilion of the Wolf Trap Foundation. The company performed the three performances without problem.
Energy cooperative Hoosier Energy sought to move depreciation deductions that it could not use to John Hancock Life Insurance Company.
Brad Gupta formed two companies, Ameriquest Holdings and Ananya Aviation, for which he purchased three airplanes that were in lease agreements.
Consider the status of being a merchant under the UCC. Should the UCC differentiate between merchants and nonmerchants?
A foreclosure case saw creditors going after the business’s real estate. The business was a diner.
A company contracts with a marketing firm to construct software and create a business website.
A manufacturer based in Argentina and an importer based in New Jersey entered into an oral agreement under which the importer.