Account at the bank money market account

Assignment Help Financial Management
Reference no: EM131324904

Three weeks ago, you deposited a $1,000 payroll check at your bank after having signed your name to the back of the check and writing the words "For Deposit Only-Account Number 7852837" immediately above your signature (Account Number 7852837 is your checking account). Since then, you have discovered that the bank did not deposit the check in your checking account, but instead deposited the check in your other account at the bank, a "money market" account. As a result, you have "bounced" three checks totaling $583, and incurred $75 in bounced check fees. Write a 1-2 page letter to your bank advising them of your legal rights in this situation.

Reference no: EM131324904

Questions Cloud

What price would you estimate for halliford stock : Halliford Corporation expects to have earnings this coming year of $3 per share. Halliford plans to retain all of its earnings for the next years. Then, for the subsequent two years, the firm will retain 50% of its earnings. It will retain 20% of its..
Difference between simple cones and compound cones : 1. Which group of algae appears to be the most closely related to the ancestors of true plants? Name one feature that appears to be homologous. 2. What are microphylls and which group of seedless vascular plants are they found? 3. What is the diffe..
Does everyone have just one leadership style or can it vary : ohn, a health management student completing an internship at Memorial Hospital, has been appointed chair of a multidisciplinary clinical taskforce by the hospital's CEO. The taskforce will design a new operational system to reduce the waiting time..
Why is the book of acts so important in the new testament : Why is the book of Acts so important in the New Testament, and what sets this book apart from all other books? Using the bible verse discuss the following (1) Acts chapter 1 (2) Conversion of Paul (3) Paul's three missionary journeys
Account at the bank money market account : Three weeks ago, you deposited a $1,000 payroll check at your bank after having signed your name to the back of the check and writing the words "For Deposit Only-Account Number 7852837" immediately above your signature. Since then, you have discovere..
Draw a level one dfd for the sign up-sign in process : The Electronics Accessories China Bazaar (ACB) is turning the world of e-commerce on its head. Draw a LEVEL 1 DFD for the SIGN UP/SIGN IN (1.0) Process.
Example of pairs that can be mixed together : Give an example of pairs that can be mixed together to make a budget solution?
Critical concentration of acting polymerization : Do cofilin and profilin increase or decrease the critical concentration of acting polymerization?
Estimate made from the three estimation methodologies : Barton Industries expects next year's annual dividend, D1, to be $1.90 and it expects dividends to grow at a constant rate g = 4.9%. The firm's current common stock price, P0, is $20.10. If it needs to issue new common stock, the firm will encounter ..

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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