What right does national bank have against r and a and ament

Assignment Help Business Law and Ethics

Reference no: EM131389201

R & A Concrete Contractors, Inc., executed a promissory note that identifies both R & A Concrete and Grover Roberts as its makers. On the reverse side of the note, the following appears: ‘‘X John Ament Sec. & Treas.''

National Bank of Georgia, the payee, now sues both R & A Concrete and Ament on the note. What rights does National Bank have against R & A and Ament?

Reference no: EM131389201

Questions Cloud

Is jane jone stop payment order effective against payor bank : On Wednesday, December 28, the payor bank makes payment of the check final. Is Jane Jones' stop payment order effective against the payor bank? Explain.

How a persuader could use social judgment theory : Relate a specific example of how a persuader could use Social Judgment Theory try to change an attitude you hold. Could it work? If so, why? If not, why not?

Identify three to four companies : Identify three to four companies for whom you want to work (your target market and how you can fulfill its needs/wants), and how you think your skill set will benefit them.

Are the extens liable under their indorsers liability : Although a default occurred at this time, it was not until April 2011 that Hane gave notice of the dishonor and made a demand for payment on the Extens as indorsers. Are the Extens liable under their indorser's liability?

What right does national bank have against r and a and ament : National Bank of Georgia, the payee, now sues both R & A Concrete and Ament on the note. What rights does National Bank have against R & A and Ament?

Company operating ride-sharing service claims : Suppose that a company operating a ride-sharing service claims that at least 40 percent of their drivers receive a tip from their customers. Still using a significance level of 0.05, what is the largest number of drivers that receive a tip (in the sa..

Can saul recover payment from bruce : Bruce subsequently discovered the goods were faulty and stopped payment on the check. Can Saul recover payment from Bruce? Why?

What are fredericks rights if any against anderson : Thereafter, Frederick gave due notice of dishonor to Anderson, Bylinski, and Conrad. What are Frederick's rights, if any, against Anderson, Bylinski, Conrad, and D'Aveni on the note?

Negative net exports last year : If the united states had negative net exports last year then it

User Account

All Pages