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Whether company B can win, why? Please answer the question: whether B will win or not, and why according to the characteristic of negotiable instruments.
Whether company B can win, why?
Please answer the question: whether B will win or not, and why according to the characteristic of negotiable instruments. Company A signed a contract with Company B for buying equipment. A drew a draft in value of 200 thousand on bank Cto B as payment. B went to the drawee bank Cto present this draft for drawing out the money. But Bank dishonored and shown the notice from A said the equipment they received were damaged then the draft had been cancelled. After failure of negotiation between A and B, B sued bank C for non-effecting the paymentStep by Step Solution
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