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Litton decided to purchase photocopiers to use in its offices. Angelo Buquicchio, a Royal (a division of Litton) salesman, recommended that Litton lease the machines from Regent. Regent was a company totally independent of Litton and had agreed to give Buquicchio ‘‘service fees'' or, more appropriately, bribes.
Regent borrowed money from Bankers Trust to finance purchases and transferred the Litton leases as security. A clause in the leases permitted transfer and provided that the transferee's rights would be independent of any claims or offsets of Litton as against Regent.
Litton defaulted on the obligations, and Litton argues that Regent's bribery of Royal's employee rendered Litton's obligations a nullity and a defense against the banks as holders in due course. Explain whether Litton is correct in its assertion.
Web surfers may feel anonymous as they use the Internet, but that feeling isn't always justified. IP addresses, cookies, site log-in procedures, and credit card purchases all help track how often users visit a site and what pages they view. Some c..
Satisfying the customers of an organization is a requirement for business success. Therefore, customer perceptions matter when trying to decide what products and services the organization will offer. From time to time, improvements to products or ser..
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questionread the following text and answer all the questions in this sectionby its very nature government services are
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A group of minimum of two (2) and maximum of three (3) students must submit their assignment. Students must work in groups. No individual assignment is allowed unless approved by the professor.
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