Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Larry London (LL) buys a computer with his new store credit card at Greatest Get (GG). GG immediately sells the right to receive monthly payments

image text in transcribed
Larry London (LL) buys a computer with his new store credit card at Greatest Get (GG). GG immediately sells the right to receive monthly payments from LL to a finance company, Friendly Finance (FF). Unfortunately for LL, the computer stops working three months after he purchased it. As GG won't return his calls regarding his broken PC, LL stops making payments. Long story short, all stakeholders (LL, GG, and FF) are fed up with each other's behavior; they all lawyer up. If your last name begins with A-H, you are LL's lawyer. If your last name begins with l-P, you are GG's lawyer. If your last name begins with Q-Z, you are FF's lawyer. For your initial post, explain to your client all the possible issues you've learned in this week's material that help and hurt his or her chances of winning a potential lawsuit. Remember to \"keep your eye on the ball\". Limit your discussion to this week's material. For example, you may want to consider whether the parties have a negotiable instrument. If so, what kind? What defenses might there be on that instrument? Marvin Mower (MM) is a college student trying to earn a few extra bucks. Marvin mows yards on the side, and he cuts the lawn for Ursula Unhappy (UU). UU writes MM a document for his work. The document acknowledges MM performed work, and that UU owed MM $50. MM doesn't have time to get to the bank, so MM gives the document to Tommy Thirdparty (TT), who pays him $40 for it. Predictably, before TT can try to recover $50, UU is unhappy with MM's work, and refuses to pay TT. Keeping your \"eye on the ball\" {limiting your post to this week's material), discuss all the possible rights and responsibilities these three have to each other concerning the check and the yard

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

Step: 3

blur-text-image

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

Researching The Law Finding What You Need When You Need It

Authors: Amy E. Sloan

3rd Edition

1543813364, 978-1543813364

More Books

Students also viewed these Law questions

Question

Get married, do not wait for me

Answered: 1 week ago

Question

Do not pay him, wait until I come

Answered: 1 week ago

Question

Do not get married, wait until I come, etc.

Answered: 1 week ago