Questions from Business Law


Q: Who is liable when a customer’s bank pays an altered check?

Who is liable when a customer’s bank pays an altered check?

See Answer

Q: What role does the Federal Reserve System play in clearing checks?

What role does the Federal Reserve System play in clearing checks?

See Answer

Q: What is an anti-assignment clause?

What is an anti-assignment clause?

See Answer

Q: 1. How might Check 21 affect the potential for banking fraud

1. How might Check 21 affect the potential for banking fraud? 2. Are there circumstances in which a copy of an original canceled paper check could be demanded?

See Answer

Q: What types of financial institutions are covered by the EFTA?

What types of financial institutions are covered by the EFTA?

See Answer

Q: Are there legal safeguards for the privacy of a user of e

Are there legal safeguards for the privacy of a user of e-money against the issuer?

See Answer

Q: Why is agency law essential to the existence and operation of a

Why is agency law essential to the existence and operation of a corporation?

See Answer

Q: Should it be left to the courts to decide who is,

Should it be left to the courts to decide who is, and who is not, an independent contactor?

See Answer

Q: What are some of the factors that can determine whether an individual

What are some of the factors that can determine whether an individual is considered an employee or an independent contractor?

See Answer

Q: What are some other advantages of being an independent contractor? What

What are some other advantages of being an independent contractor? What might be some disadvantages?

See Answer