In the Opening Case at the beginning of the chapter, Superior Savings owned a properly executed and

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In the Opening Case at the beginning of the chapter, Superior Savings owned a properly executed and legally recorded mortgage on the building at 6802 Superior Avenue in Cleveland. The mortgagee, Hughes, abandoned the building and let it fall into a terrible state of disrepair. The city after warning Hughes several times, demolished the building without notifying Superior Savings first. The demolition of the bank was legal; however, failing to notify Superior was not. Was the failure to notify Superior unethical a well? Explain.

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Business Law With UCC Applications

ISBN: 9780073524955

13th Edition

Authors: Gordon Brown, Paul Sukys

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