Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is an article in the news about any business law issue that interests you? Why did you choose that article? Chapter 24 #4 -
What is an article in the news about any business law issue that interests you? Why did you choose that article? Chapter 24 #4 - Pearl is the holder of a check drawn by Sharpe on Washington State Bank. Pearl also maintains an account at Washington State Bank. The check is deposited at the bank on Monday. On that same day, Sharpe's account is overdrawn; but she promises to make a substantial deposit, so the bank holds the check until Thursday. Sharpe does not make the deposit; and the bank, on Friday, returns the check to Pearl marked "Insufficient Funds." Can Pearl require the bank to make good on the check? Why or why not? Chapter 25 #10 - Bob issued a check payable to the order of Gary, who lost it without endorsing it. Can a finder of the check negotiate it? Why or why not? Chapter 28 #8 - A furniture manufacturer, secured by a security agreement, sold furniture to Dani on credit. When Dani did not pay as agreed, the creditor repossessed the furniture. This creditor approached one possible buyer for the items but failed to sell them. The creditor then bought the collateral at a private sale and sued Dani for a deficiency of $7,000. Dani contends that he is entitled to credit for the full value of the repossessed goods because the private sale was improper. Is Dani correct? Why or why not? Based on these two websites, either the Federal Deposit Insurance Corporation at https://www.fdic.gov or the National Credit Union Administration at https://www.ncua.gov/Pages/default.aspx Which website would you pick to use? Why is that website more useful than the other one
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