Reference no: EM131386918
While employed as a night watchman at the place of business of A. B. Cate Trucking Company, Fred Fain observed that the office safe had been left unlocked. It contained fifty payroll checks, which were ready for distribution to employees two days later.
The checks had all been signed by the sole proprietor, Cate. Fain removed five of these checks and two blank checks that were also in the safe. Fain forged the indorsements of the payees on the five payroll checks and cashed them at local supermarkets. He then filled out one of the blank checks, making himself payee, and forged Cate's signature as drawer.
After cashing that check at a supermarket, Fain departed by airplane to Jamaica. The six checks were promptly presented for payment to the drawee bank, the Bank of Emanon, which paid each one. Shortly thereafter, Cate learned about the missing payroll checks and forgeries and demanded that the Bank of Emanon credit his account with the amount of the six checks. Must the Bank comply with Cate's demand?
What are the Bank's rights, if any, against the supermarkets? You may assume that the supermarkets cashed all of the checks in good faith.
Which topic of conversation makes you uncomfortable
: Which topic of conversation makes you uncomfortable? What is the topic? Do you know why you find it difficult to talk about this topic?What do you do when you become uncomfortable during a conversation? Do you withdraw? Do you try to change the t..
|
Quantitative and one qualitative technique
: How would you propose forecasting initial demand for this product? Identify one quantitative and one qualitative technique. How do the techniques complement each other?
|
What is the liability of d on her indorsement
: A negotiable promissory note executed and delivered by B to C passed in due course to and was indorsed in blank by C, D, E, and F. G, the present holder, strikes out D's indorsement. What is the liability of D on her indorsement?
|
What will the recruiting challenges be
: What will the recruiting challenges be? What will the work-life balance challenges be? (telecommuting, flexibility)
|
What are the banks rights if any against the supermarkets
: What are the Bank's rights, if any, against the supermarkets? You may assume that the supermarkets cashed all of the checks in good faith.
|
How much current is flowing through the neutral conductor
: A 240/120 volt residential service has a load of 12 amperes on one hot leg and 8 amperes on the other. How much current is flowing through the neutral conductor?
|
Market economies stimulate greater economic growth
: It has been argued that free market economies stimulate greater economic growth than do state-directed economies. Make a well-constructed and persuasive argument on why or why not this may be true.
|
Arousal of motives is applied to the process
: Describe the model of the motivation theory and explain how the arousal of motives is applied to the process.
|
Is this resistor within its tolerance
: A resistor has color bands of brown, black, black, red, and brown. An ohmmeter indicates that the resistor has a value of 9,950 ?. Is this resistor within its tolerance?
|