Reference no: EM13966771
Assignment: Overdraft Fees
Instructions
This assignment supports the following lesson objective:
Explain the applicability of the Uniform Commercial Code (UCC) to bank transactions
Assignment Overview
In this writing assignment, you will explain a bank's liability when it deposits a customer's check in the wrong account.
Deliverables
A one- to two-page (250- to 500-word) paper
Assignment Details
Perform the following tasks:
Step 1: Write a short statement informing a bank of its liability when it deposits a customer's check in the wrong 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 (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.
Step 2: Save and submit your assignment.
When you have completed the assignment, save a copy for yourself in an easily accessible place and submit a copy to your instructor using the dropbox.
|
About the pros and cons of unions
: Now that you have learned much about the pros and cons of unions, what direction should US labor unions should take in the future? What direction should employers take in the future regarding unions? Labor Relation
|
|
When setting a firms target capital structure
: Discuss some factors that health services managers must consider when setting a firm’s target capital structure. Consider not-for-profit firms in your answer.
|
|
Discuss the impact of foreign taxes and regulation risk
: International companies face multiple types of risk related to international finance. Discuss the impact of the following types of risk on a multinational company:
|
|
Direct sum of measure spaces
: If (Xi , Si , µi ) are measure spaces for all i in some index set I , where the sets Xi are disjoint, the direct sum of these measure spaces is defined by taking X = /i Xi , letting S :={ A ⊂ X : A ∩ Xi ∈ Si for all i }, and µ( A) := },..
|
|
Write a short statement informing a bank of its liability
: Write a 1-2 page letter to your bank advising them of your legal rights in this situation. Write a short statement informing a bank of its liability when it deposits a customer's check in the wrong account.
|
|
Lebesgue measure on the plane
: For the product measure λ × λ on R2, the usual Lebesgue measure on the plane, it's very easy to show that rectangles parallel to the axes have λ × λ measure equal to their usual areas, the product of their sides. Prove this for rectangles that are..
|
|
What other qualities to life are encouraged
: How do the earthly appearances of Vishnu help the reader's understanding of dharma? What other qualities to life are encouraged?
|
|
Product measure theorems
: Define T , the "ordinal triangle," by T := {(x , y) ∈ X × X : y x }. Evaluate the iterated integrals (( 1T (x, y) dµ(y) dµ(x ) and (( 1T (x, y) dµ(x ) dµ(y). How are the results consistent with the product measure theorems?
|
|
Advantages and disadvantages of this investment
: Consider an investment in an international venture. Be specific with your investment (product, service, etc.). Identify the advantages and disadvantages of this investment based upon the following:
|