Warranty Liability Who is liable? 1. Wisin signs Yandels name on one of his checks. Who is

Question:

Warranty Liability

Who is liable?

1. Wisin signs Yandel’s name on one of his checks. Who is

liable: Wisin, Yandel, or both parties?

2. A bank cashes Yandel’s forged check. Must the bank

reimburse Yandel even if the bank is unable to recover from

Wisin?

3. Suppose that Wisin forged a check to pay for a new dragon

tattoo. If Enrique, the owner of the tattoo parlor, deposits

the check and the bank pays it, may the bank recover from

Enrique?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Law And Strategy

ISBN: 9780077614683

1st Edition

Authors: Sean Melvin, David Orozco, F E Guerra Pujol

See More Books

Question Posted: Mar 07, 2024 02:01 AM

See More Questions

Read the article below and answer the questions posed, the compose response should be two to three pages in length. 1. What are 2 major planning failures pre-event at Memorial that led to it becoming...
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
Discuss whether Trio is liable in tort to Flamingo and/or Jane. QUESTION TWO: Discuss whether any contract has been formed between Mr Choden and Mere and/or Ira and Mere. QUESTION THREE: Discuss...
Given, R = 192 R = 22 C=2F C=4F (1) V www R www R R R C The time constants (in S) for the circuits I, II, III are respectively (A) 18, 8/9, 4 (C) 4, 8/9, 18 (II) (B) 18, 4, 8/9 (D) 8/9, 18, 4 R3 (III)
All accountants should be located in the head office of a company so that they can be closer to the senior management. Do you agree with this statement? Provide reasons for your answer.
Explain how psychological capital, deliberate practice, luck, and humility can pave your road to success.
On July 1, 2008, Advocate Company exercises an $8,000 call option (plus par value) on its outstanding bonds that have a carrying value of $416,000 and par value of $400,000. The company exercises the...
Bill Joyner is evaluating a new ticketing system for his theater. The system will cost $225,000 and will save the theater $57,275 in annual cash operating costs. Bill expects the new system to last...
You are considering investing in a hedge fund that has consistently generated an alpha over the past ten years. For the upcoming year, the risk-free rate is expected to be 3%, the hedge fund's beta...
A hollow circular post ABC (see figure) supports a load P1 = 1700 lb acting at the top. A second load P2 is uniformly distributed around the cap plate at B. The diameters and thicknesses of the upper...
In payment of a claim for a loss due to a fire that destroyed the mobile home belonging to Russell, the Oklahoma Farm Bureau Mutual Insurance Company (Farm Bureau) negotiated a $69,000 settlement and...
Fraud in the inducement is a personal defense that covers fraudulent misrepresentations of material facts by one party. a. True b. False
Find the vector from the origin to the point of intersection of the medians of the triangle whose vertices are A(1, -1, 2), B(2, 1, 3), and C(-1, 2, -1).
Pacifico Company, a U . S . - based importer of beer and wine, purchased 1 , 7 0 0 cases of Oktoberfest - style beer from a German supplier for 4 5 9 , 0 0 0 euros. Relevant U . S . dollar exchange...
Consider each of the following scenarios and identify a behavioral intervention to address each issue in family work. A teenager not complying with curfew. One member of the couple not picking up...
Sandy Crane Hospital expanded its maternity ward to add patient rooms for extended hospital stays. They negotiated a 15-year loan with monthly payments and a large sum of $250,000 due at the end of...
2 (39 marks) R QUESTION 2 (39 marks) Roundworm Ltd is a group of companies with a 31 December year-end. The Roundworm group financial statements for the years 20.21 and 20.22 are given below:...
Vino Veritas Company, a U.S.-based importer of wines and spirits, placed an order with a French supplier for 1,400 cases of wine at a price of 240 euros per case. The total purchase price is 336,000...
Suppose that you are highly risk averse but that you still invest in common stocks. Will the betas of the stocks in which you invest be more or less than 1.0? Why?
CdF2 (s) Cd+ (aq) + 2 F- (aq) 1. A saturated solution of CdF2 is prepared. The equilibrium in the solution is represented above. In the solution [Cd+] eq = 0.0585 M and [F-] eq = 0.117 M. a....
The cost of which of the following is deductible as a medical expense? a. Travel to a warm climate b. Birth control pills c. A disability insurance policy that pays $200 for each day the taxpayer is...
Mary paid $2,000 of state income taxes in 2022. She paid $1,500 of state sales tax on the purchase of goods and she also purchased a car in 2022 and paid sales tax of $3,000. How should Mary treat...
Which of the following is not considered a deductible medical expense? a. Once daily multivitamin b. Prescription eyeglasses c. Acupuncture d. Filling a tooth cavity
Your firm is planning to invest in an automated packaging plant. Harburtin Industries is an all - equity firm that specializes in this business. Suppose Harburtin ' s equity beta is 0 . 8 7 , the...
Ned Allen opened a medical practice in Los Angeles, California, and had the following transactions during the month of January. (Click the icon to view the January transactions.) Journalize the...
do you need more information or are you working on this? Irene Watts and John Lyon are forming a partnership to which Watts will devote one- half time and Lyon will devote full time. They have...

Warranty Liability Who is liable? 1. Wisin signs Yandels name on one of his checks. Who is

Question:

Step by Step Answer:

1 Wisin is liable not Yandel since Wisin is the one who forged Y...View the full answer

Business Law And Strategy

Students also viewed these Social Science questions