Explain what laws are applicable to this fact pattern, Operation Management

Assignment Help:

Marie wrote Ray a check for landscaping her front lawn. Marie paid Ray in advance. The check was dated for five days later than the date of issuance. Ray was supposed to start landscaping on Monday. That Friday, Ray still had not shown up to do the job. Marie had the work done by someone else. Marie gave her bank, Second Citizens, an oral stop payment order on the check to Ray. Twenty-three months later, the check emerged and Second Citizens honored it. Marie has filed suit against Second Citizens for acting unreasonably under the circumstances.

Is Second Citizens liable to Marie for paying the 23-month-old check when there was an oral stop payment order? What laws are applicable to this fact pattern? Discuss your reasons for your answer.


Related Discussions:- Explain what laws are applicable to this fact pattern

Stakeholder analysis in an organisation, Question 1: Emmott (1997) repo...

Question 1: Emmott (1997) reports that "by the 1990's the whole issue of employment relationships became much more subtle". The concentration now is on the relationship between

Nash equilibrium levels, 2 enterprises (1 and 2), are in competition with e...

2 enterprises (1 and 2), are in competition with each other by choosing advertising expenditures. The payoff functions of the two enterprises, if enterprise 1 chooses to spend x an

Line balancing, what do you understand by “line balancing “? What happens i...

what do you understand by “line balancing “? What happens if balance doesn’t exist?

Explain chooses to refurbish the equipment, Ski Boards, Inc., wants to ente...

Ski Boards, Inc., wants to enter the market quickly with a new finish on its ski boards. It has three choices: (a) refurbish the old equipment at a cost of $800, (b) make major mod

Explain the similarities and differences of tqm, Describe the similarities ...

Describe the similarities and differences between TQM and Six Sigma quality-management techniques.

Explain what output rate will be achieved, An assembly line with 30 activit...

An assembly line with 30 activities is to be balanced. The total amount of time to complete all 30 activities is 42 minutes. The longest activity takes 2.4 minutes and the shortest

Meaning and definition of production management, Meaning and Definition of ...

Meaning and Definition of Production Management Production management is a stream of management that is associated to the production function. Production might be termed to as th

Distinctive of the growth stage of the product life cycle, Which of the fol...

Which of the following is a characteristic of the growth stage of the product life cycle? Advertising emphasis switches to selective demand. There is a growing proportion of

Explain europe and japan to adopt the new product, What triggered the new p...

What triggered the new product strategy at Minnesota Biolabs? 2. What prediction would you make for the success of getting the country general managers in Europe and Japan to adopt

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd