Questions from Business Law

Q: Bogash drew a check on National Safety Bank and Trust Co.

Bogash drew a check on National Safety Bank and Trust Co. payable to the order of Fiss Corp. At the request of Fiss Corp., the bank certified the check. The bank later refused to make payment on the c...

Q: Norris, who was ill in the hospital, was visited by

Norris, who was ill in the hospital, was visited by his sister during his last days. Norris was very fond of his sister and wrote a check to her that she deposited in her bank account. Before the chec...

Q: Larry Phillips was hired for a two-year period as executive

Larry Phillips was hired for a two-year period as executive secretary of the Montana Education Association (MEA). Six months later, he was fired. He then sued MEA for breach of contract and sued the d...

Q: Scott D. Leibling gave his bank, Mellon Bank, an

Scott D. Leibling gave his bank, Mellon Bank, an oral stop payment order. Nineteen months later, the check emerged and Mellon Bank honored it. Lei- bling has filed suit against Mellon Bank for acting...

Q: James Horne ’ s will provides that his estate is to be

James Horne ’ s will provides that his estate is to be distributed to his heirs per capita . Upon his death, two of his three children are surviving and his deceased child left two children (James ’ s...

Q: Hixson paid Galyen Petroleum Co. money he owed by issuing three

Hixson paid Galyen Petroleum Co. money he owed by issuing three checks to Galyen. The bank refused to cash the three checks because of insufficient funds in the Hixson account to pay all three. Galyen...

Q: William Elias was the former owner of Direct Lending, a subprime

William Elias was the former owner of Direct Lending, a subprime mortgage company purchased by EA Management. Sometime after the sale, Elias went to Chase Bank and had three cashier ’ s checks drawn t...

Q: Harold H. Heidingsfelder signed a credit agreement as vice president of

Harold H. Heidingsfelder signed a credit agreement as vice president of J. O. H. Construction Co. for a line of credit with Pelican Plumbing Co. The credit agreement contained the following language:...

Q: Adam Paul Strege (APS) opened a checking account at U

Adam Paul Strege (APS) opened a checking account at U.S. Bank. Just below his signature card for the account, he wrote, “ Call if I bounce a check. ” APS bounced several checks, and each time U.S. Ban...

Q: The Jordan Keys law firm represented the Greater Southeast Community Hospital of

The Jordan Keys law firm represented the Greater Southeast Community Hospital of Washington, D.C., in a medical malpractice suit against the hospital. The hospital was self-insured for the first $1,00...