Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 13, 2024

Say I completed work for a company, and they pay me with a check. I take that check to the same bank that the company

Say I completed work for a company, and they pay me with a check. I take that check to the same bank that the company drew the check from and holds the account with. If the check returns as unpaid (for reasons unknown to me) can I sue their bank?

Why or why not? Explain.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 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

Managing the Law The Legal Aspects of Doing Business

Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer

5th edition

133847152, 134717244, 9780134717241, 978-0133847154

More Books

Students also viewed these Law questions

Question

★★★★★

As discussed in the text, beta estimates for one firm will vary depending on various factors like such as the time over which the estimation is conducted, the market portfolio proxy, and the return...

Answered: 1 week ago

Question

★★★★★

Prove that using strategy Bitmask, entity xi can directly evaluate any expression in E (xi ).

Answered: 1 week ago

Question

★★★★★

3. In introducing students to persuasive advertising methods, which of the following approaches would be most apt to lead to student retention? A. Determine what students already know about the...

Answered: 1 week ago

Question

★★★★★

Oxy Corporation uses debt, preferred stock, and common stock to raise capital. The firms capital structure targets the following proportions: debt, 55%; preferred stock, 10%; and common stock , 35%....

Answered: 1 week ago

Question

★★★★★

You decide to try the carry trade. The one-year interest rate in the UK is 4% and it is 7% in the euro zone. The spot million for one year and the spot rate in one year is 1.078/

Answered: 1 week ago

Question

★★★★★

27- If D1 =$1.25,g ( which is constant )=5.5%, and PO=$ 40 , what is the stock's expected total return for the coming year ? 10.09%8.63%8.80%6.47%

Answered: 1 week ago

Question

★★★★★

Windhoek Mines, Ltd., of Namibia, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the company has mineral rights. An engineering and cost analysis has been...

Answered: 1 week ago

Question

★★★★★

__________ measures the extent to which the distribution of income (or consumption expenditures) among individuals or households within an economy deviates from a perfectly equal distribution. A) The...

Answered: 1 week ago

Question

★★★★★

Income Statements under Absorption Costing and Variable Costing Gallatin County Motors Inc. assembles and sells snowmobile engines. The company began operations on July 1 and operated at 100% of...

Answered: 1 week ago

Question

★★★★★

You give a presentation about technical operations management concepts to an audience that knows very little about the subject. Which McCandless Method concept helps ensure your audience does not...

Answered: 1 week ago

Question

★★★★★

3. Question 3 Imagine it is currently the first day of 2019. The corporate tax rate is 40 % and the WACC is estimated to be 13 % pa. Suppose also that there is no surplus cash in any year and that...

Answered: 1 week ago

Question

★★★★★

3. Refer to the continued scenario below to answer the following: Research to find your state/territory work health and safety legislation. Find the section on the incident notification and explain...

Answered: 1 week ago

Question

★★★★★

2. Set up two points representing the pillars of your values system. Discuss this with the others in the group.

Answered: 1 week ago

Question

★★★★★

8. Find values in the Norwegian culture that you believe have been stable over a long period. Do you feel that these values say something about your own values?

Answered: 1 week ago

Question

★★★★★

2. It is the results achieved that are important.

Answered: 1 week ago

Previous Question Next Question