Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In your text, you read a case involving an individual named Robert Triffin who filed suit for the payment of a negotiable instrument. What you

In your text, you read a case involving an individual named Robert Triffin who filed suit for the payment of a negotiable instrument. What you don't know about Mr. Triffin is that he has been a Plaintiff in several such cases. And, as the old saying goes: You win some, you lose some.

For this assignment, you will locate another case involving Mr. Triffin using a legal research database available through the school library. Please do the following:

Go to the school library website

Go to the Databases section of the library website

Locate the Database called "LexisNexis -- Nexis Uni (formerly LexisNexis Academic)" which is the academic version of a legal research database used in many law firms.

Conduct a guided search. Limit your interest to "cases" and then select your jurisdiction (state or federal) and finally enter the search term "Robert Triffin"

Select a case that interests you involving Mr. Triffin and the subject matter of a negotiable instrument, and read the case. Do not select the case between Mr. Triffin and Cigna, since that is covered in your text. Once you've found a case of interest, answer the following questions: 1. What is the name and case citation for the case you selected? 2. What is the case about? Describe the negotiable instrument in the case. How did Triffin come to acquire the instrument? Why did Mr. Triffin acquire the instrument? 3. Is there anything wrong with the instrument? Does it satisfy the requirements of negotiability? How do you know? 4. Did Mr. Triffin achieve holder-in-due-course status? If so, how did he achieve holder-in-due-course status? If not, why didn't he achieve holder-in-due-course status? Be specific, and use the terminology that you are learning in the text and course materials. 5. What was the outcome of the case you selected? Describe the outcome fully. 6. Was this a just outcome in your opinion? Explain the basis of your opinion fully, using information you learned in this Unit about the UCC Article Three and Holder in Due Course status.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Paul D Kimmel, Jerry J Weygandt, Donald E Kieso

8th Edition

1118953908, 9781118953907

More Books

Students also viewed these General Management questions