Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

This appeal by two union funds from dismissal of their action against a bank focuses on the meaning of the phrase [d]eceptive acts and practices

This appeal by two union funds from dismissal of their action against a bank focuses on the meaning of the phrase "[d]eceptive acts and practices" as used in General BusinessLaw 349. We conclude that there are questions of fact as to whether the bank's acts constituted conduct prohibited by the statute. According to the undisputed facts, plaintiffs Pension Fund and Welfare Fund are not-for-profit associations that administer pension benefits and health insurance for union members and their beneficiaries. Both Funds had dealt with defendant Marine Midland Bank since the 1960's, when the Bank became their corporate trustee, and since at least 1973 the Bank had been investment advisor for the Welfare Fund. On May 19, 1976, Robert Bradshaw, administrator of both Funds, met with Bruce Whitney, Marine's vice-president and branch manager of the East Side Oswego office. Whitney had attended meetings of the Funds' trustees and was known to Bradshaw. Bradshaw told Whitney that he wanted to open an interest-bearing savings account for the Pension Fund, which at the time had moneys in non-interest-bearing checking accounts at Marine. Marine offered two types of savings accounts one for individuals, another for commercial entities. For commercial entities, Federal Regulation Q (12 CFR 217et seq.) capped the principal upon which interest could be paid a maximum of $100,000 through 1979, and a maximum of $150,000 thereafter. Not-for-profit entities were exempt from this regulation. To effectuate its own compliance with Regulation Q, Marine used blue signature cards for for-profit commercial customers and green cards for nonprofit commercial entities. In opening the savings account for the Pension Fund with an initial deposit of $10,000, Whitney without explanation gave Bradshaw a blue signature card. Although the card was designated "Commercial Savings," it did not indicate that it was for profit-oriented entities, nor did it reveal that interest would not be paid on deposits in excess of $100,000.

1.Business intelligence equips enterprises to gain business advantage from data

2.BI is a category of database software that provides an interface to help users quickly and interactively scrutinize the results in a variety of dimensions of the data

3._________ is a category of applications and technologies for presenting and analyzing corporate and external data.

4.________ is a performance management tool that recapitulates an organization's performance from several standpoints on a single page.

5.BI can catalyze a business's success in terms of?

6.If a nurse finds that a patient's abdominal wound has eviscerated, she should?

7.A patient with a history of heart disease can be put on a prophylactic antibiotic.

8.In diseases that have night sweats as a symptom (e.g. tuberculosis,

infective endocarditis), what causes the sweats to occur only at night and

not consistently during the day as well?

9.What dosage of steroids and duration of treatment should be given to

patients with idiopathic pulmonary fibrosis? What are the new drugs,

their recommended dosage and duration of treatment?

(a tumor necrosis factor- receptor blocker), and imatinib [a platelet-derived growth factor (PDGF) inhibitor].

10. Business intelligence (BI) is a broad category of application programs that includes?

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

Law Express Medical Law

Authors: Jonathan Herring

7th Edition

1292295546, 978-1292295541

More Books

Students also viewed these Law questions

Question

8. How can an interpreter influence the message?

Answered: 1 week ago