Will industry finance factors llc be able to insist

Assignment Help Operation Management
Reference no: EM131919361

Premier Contracting Corporation purchased some equipment from Capitol Equipment Inc. pursuant to a contract that contained warranties.

Premier paid by issuing a promissory note to Capitol that made no reference to the purchase contract or the warranties.

Capitol immediately sold the promissory note to Industry Finance Factors LLC for slightly less than face value and indorsed it over to them.

Soon after delivery, Premier realized that the equipment was defective. Premier filed a lawsuit against Capitol for breach of contract.

Industry Finance Factors LLC has demanded payment from Premier but Premier has refused to pay, because of the problems with the equipment.

Will Industry Finance Factors LLC be able to insist on payment by Premier Contracting Corporation despite the problems with the equipment?

Reference no: EM131919361

Questions Cloud

What would be the new employees marginal product of labor : What would be the new employee's marginal product of labor? What is the value of that marginal product? Should the moving service hire a fourth worker?
Would you adapt your product for local tastes : Would you adapt your product for local tastes or introduce a "global" product? Support your reasoning.
Company balance sheet amount in accounts receivable : Its accounts are, on average, four days past due. If annual credit sales are $9.75 million, what is the company's balance sheet amount in accounts receivable?
Explain whether manager will change policy to avoid walkout : One of friends suggests that they all agree to walk out if manager doesn't change her policy. Explain whether manager will change her policy to avoid a walkout.
Will industry finance factors llc be able to insist : Premier Contracting Corporation purchased some equipment from Capitol Equipment Inc. pursuant to a contract that contained warranties.
Which process do you recommend : A privately owned company manufactures metal seat frames that are used to make automobile seats. Its customer, the seat manufacturer, forecast that 50,000.
What is the project npv if the tax rate is 26 : The annual operating cash flow is $104,571 and the cost of capital is 11% What is the project's NPV if the tax rate is 26%?
What will happen to the wage for farm labor at equilibrium : What will happen to the wage for farm labor at equilibrium? Now suppose farm workers place no value on health benefits. How does this affect your answer?
Prepare a run diagram for this emergency call data : Prepare a run diagram for this emergency call data. Use five minute intervals (count calls received in each five minute interval.)

Reviews

Write a Review

Operation Management Questions & Answers

  Construct a table of the average cycle time

MEM 506 - Modeling and Simulation & Operations Research for Engineering - write a section of the report labeled with their name and the particular question being answered.

  Involved in shifting from a traditional operations system

What trade-offs are involved in shifting from a traditional operations system to a lean system for:

  What valuable services do you think intermediaries provide

Pick a product you feel you know well. What intermediaries do you think are used in bringing this product to market? What valuable services do you think these intermediaries provide?

  Personal loan from the corporation with no collateral

discovered that the president of Boeing received a personal loan from the corporation with no collateral,

  Environmental pressures for change faced by managers

Discuss the six images of managing change and how each can effect an organization: Director, Navigator, Caretaker, Coach, Interpreter, Nurturer. Discuss the six environmental pressures for change faced by managers: pressures to carry out fashionable ..

  Assignment on hospitality management operations

Assignment on Hospitality Management Operations. Over the duration of this course, you have learned many concepts and philosophies about what makes an organization successful.

  Rewards program based on an existing organization

you will design a total rewards program based on an existing organization.

  Caclulate quick wheels capacity in alignments per week

Fred's Quick Wheels has one bay dedicated to alignments. The garage normally is open only on weekdays from 7 a.m. to 6 p.m. and on Saturdays from 7 a.m. to noon. Caclulate Fred's Quick Wheels' capacity in alignments per week using their regular shop ..

  Minimize the sum of annual ordering and carrying cost

A large law firm uses an average of 38 boxes of copier paper a day. The firm operates 260 days a year. what order size would minimize the sum of annual ordering and carrying cost? compute the total annual cost using your order size from part a.

  What is value of the fully costed work element

If your company requires workers to receive 15% personal time, what is the value of the fully costed work element?

  Decisions are based on collecting and analyzing good data

In the present business environment, the best decisions are the ones that are informed decisions. Such decisions are based on collecting and analyzing good data. In order to properly measure, for example, the customers’ preferences regarding a produc..

  Determining which products to produce

A firm must plan production levels for the following quarter, determining which products to produce, and how many to produce on each of their 5 available machines. Customer demands require production of at least 3000 units of either product 1 or prod..

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