What should butler do explain why

Assignment Help Business Law and Ethics

Reference no: EM13777817

1. Hilary bought jewelry at the request of her elderly mother, using her own credit card. Her mother issued a cheque to Hilary for the cost of the jewelry, $225. Hilary owed $225. to her neighbour, Jim Butler. Hilary signed the back of the cheque with her name and gave it to Butler to satisfy her debt to him. Butler lost the cheque.

a. What should Butler do? Explain why.

b. What should Hilary or her mother do?

2. After running a successful small lumber yard business for 22 years, Owen, the president of Owen Lumber Ltd., just received the latest financial statements from the accountants which reveal a serious downturn in revenues as a result of the collapse of the lumber industry in BC. The company has been sued by several of its creditors.

What options are open to Owen?

Reference no: EM13777817

Questions Cloud

Describe elements associated with the police recruitment : Describe elements associated with the police recruitment and selection processatthe agency. Identify major components of the training process andthecareer development programs for officerswho work atthe agency

What is the budgeted production : Crow Manufacturers, Inc. projected sales of 58,023 bicycles for 2012. The estimated January 1, 2012 inventory is 3,594 units, and the desired December 31, 2012 inventory is 6,476 units. What is the budgeted production (in units) for 2012?

Causes of poverty research peer-reviewed articles : Select a current, global social issue related to Causes of Poverty Research peer-reviewed articles, and provide pro and con arguments on the global social issue.

Real estate development business : Jack is a director at XYZ Corporation. XYZ is in the real estate development business. During a recent Board of Directors meeting he was made aware of XYZ’s plan to purchase a lot to build a luxury hotel. The lot is located in Quaktown, PA. Jack thin..

What should butler do explain why : Hilary bought jewelry at the request of her elderly mother, using her own credit card. Her mother issued a cheque to Hilary for the cost of the jewelry, $225. What should Butler do? Explain why

Testing for sexually transmitted infections : Imagine a scenario in which you and a new partner are discussing testing for sexually transmitted infections. Devise a strategy for addressing this issue with your partner.

Valid predetermined overhead rate : The following budget data are available for Surly Corporation: Estimated direct labor hours 9,000 Estimated direct labor dollars $85,500 Estimated material dollars $55,000 Actual manufacturing overhead costs $100,800 Estimated manufacturing overhead ..

Issuance of the bonds and entries to be passed post issue : Xonic Corporation issued $7,500,000 of 20-year, 8 percent bonds on April 1, 2015, at 102. Interest is due on March 31 and September 30 of each year, and all of the bonds in the issue mature on March 31, 2035. Swanson's fiscal year ends on December 31..

What programming language is the csci project written in : The CSCI and CINS students enrolled in the senior capstone project course (CSCI/CINS 490) will be presenting posters of projects each student has been working on this semester. You are to learn about three of these projects and do a writeup of ea..

User Account

All Pages