Questions from Business Law

Q: A customer of Foster Bank named Choi deposited in her account a

A customer of Foster Bank named Choi deposited in her account a check for $133,026 that listed her as the payee. The check had been drawn on Wachovia Bank by a company called MediaEdge that had an acc...

Q: What is the distinction between primary liability and secondary liability for a

What is the distinction between primary liability and secondary liability for a signed negotiable instrument?

Q: Evaluate the following statement: “A party can never be held

Evaluate the following statement: “A party can never be held liable for a negotiable instrument if he or she did not sign the check.”

Q: How are real defenses different from personal defenses to liability for a

How are real defenses different from personal defenses to liability for a negotiable instrument?

Q: At the end of January 2001, while cleaning out his self

At the end of January 2001, while cleaning out his self-storage locker, Kim Griffith found a certificate of deposit purportedly issued by Mellon Bank, N.A., of Pittsburgh, Pennsylvania, on July 3, 197...

Q: What are the required elements of a security interest?

What are the required elements of a security interest?

Q: Carlos and Suzanne Cortez fi led their petition for Chapter 7 bankruptcy

Carlos and Suzanne Cortez fi led their petition for Chapter 7 bankruptcy on April 8, 2004. At the time of filing, Suzanne Cortez was working, but Carlos was unemployed. Suzanne had reduced her work ho...

Q: Woodcock graduated from law school and finished his MBA in 1983.

Woodcock graduated from law school and finished his MBA in 1983. His student loans came due nine months later. Because he was a part-time student until 1990, he requested that payment be deferred, whi...

Q: Describe the various ways in which secured interests are perfected.

Describe the various ways in which secured interests are perfected.

Q: Plaintiff pro se Wilfredo A. Golez (Golez) filed a

Plaintiff pro se Wilfredo A. Golez (Golez) filed a motion to compel the work attendance records of two former coworkers who are not parties to the instant litigation. Golez states that he requires the...