Under Article 3 of the UCC, what is the effect of a note not stating a time for payment? a. the note is considered a time instrument with payment due at a reasonable time b. the note is void and unenforceable due to vagueness c. the note is considered a demand instrument with payment due on demand d. the note is consid
Please help with the following problem. What is needed for a party to be considered secondarily liable on an instrument? 1. The notice of dishonor must be given to the person to be held sedoncarily liable. 2. The instrument must be properly presented for payment 3. the notice of dishonor must be timely 4. the instr
What steps must a drawer take in order to make a bank liable for paying a postdated check? 1. write the check with a date at some point in the future 2. notify the drawee bank about the the postdated check with a reasonably certain description of the check. 3. the actions in choices A and B are both required. 4. The actions in c
Negotiation of which types of instrument requires endorsement? 1. Bearer instruments only 2. Order instruments only 3. Both bearer and order instruments 4. neither bearer nor order instruments
In an agency relationship involving a principal, an agent and a third party, whether or not the agency relationship has been disclosed to the third party is a crucial issue. This would affect: a. the contract liability of the principal to the third party for a tort of the agent b. the tort liability of the agent to the third
In his first year as a partner with Jenkle Legal Services, Mr. Fallon received a $2,000 monthly guaranteed payment. His share of Jenkle's ordinary business income was $55,000. If his combined income and SE tax rate on his earned income is 30 percent, compute his after-tax cash flow from Jenkle assuming the following: a. In ad
I was reading an article: Strengthening corporate governance through board-level consultants. There are some companies under attack for issues of board composition and board activism. Board composition concerns address the mix of internal versus external directors and the competence of board members. The activism address
When an auditor becomes aware of information concerning a possible illegal act, he or she should obtain an understanding of the circumstances of the act by making inquires of management above those involved. Also, the auditor should obtain enough evidence to judge the effect of the act on the financial statements. If evidenc
I need help conducting a minimum one-hour observation of a public meeting. The meeting can be of a committee, commission, council, etc. I have to take notes during the observation, including what issues were covered, and what positions are taken on them. This can also be done by observing a meeting on government access televisi
What would you do? A colleague of yours is on an annual contract which is soon due to be renewed. During your time of working together you have become close friends with him on a personal level and you are aware that his wife has recently become pregnant with their second child. However, while he tries hard and means well,
I need to determine which of the following would be cases heard under the US Court of Appeals and why? A case involving a dispute between Colorado, Utah and Arizona over water rights. A case involving an appeal of a Fifth US District court decision regarding the right of Texas high school students to recite prayers over th
Allie is a licensed pilot who is nearsighted. She has 20/20 (perfect) vision when she wears her contact lenses. Without her contact lenses, she cannot read or drive, but with her contact lenses, she is able to engage in these activities. Acme Airlines has a requirement that its pilots have 20/20 uncorrected vision. Allie applies
Are there any Federal laws or statues that would prevent a law firm from expanding throughout the U.S.? Are there any constitutional clauses that could possibly affect expansion? If so, what would these be?
Press Publishers sold 100 copies of a new hardback book entitled Business Law to Boardwalk Books. The contract between Press Publishing and Boardwalk Books provides, in relevant part, that Boardwalk may return to Press any unused copies of the book within six months. During the six-month period, Boardwalk sold only five copies o
Watson buys a computer from a computer store, paying by check. The check then bounces. In the meantime, Watson has transferred the computer to Wilson. Under what conditions will Wilson prevail against the store if the store tries to recover the computer from him?
1) Peter runs an auto air conditioning repair shop, because of the phase-out of the ozone-depleting refrigerants used in older auto air conditioners, auto air repairers have become subject to numerous new laws and regulation, some of which are costly and burdensome with which to comply. Although it cost him more, Peter decides
Prepare a report with an analysis of plaintiff and defendants arguments as indicated in attached document. See attached document for more details to this problem. Please support your answers with financial computations where appropriate. In 1991, Main Line Pictures, Inc. sued actress Kim Basinger (and others) for breach of c
We've been having some trouble figuring out how we arrive at moral judgments. Cultural Relativism, Supernaturalism, Intuitionism, Rationalism. all seem to have their good points, but also their undermining bad points. Then what do you say to picking out our moral principles by trying to be informed and imaginative, and t
Jan opens a sandwich shop across the street from a sandwich shop run by Amy. Amy is disturbed by this competition, and she agrees to pay Jan $5000, in exchange for Jan's promise to quit her business and not to engage in a similar business within a ten-mile radius of Amy's business. Is this contract legal and enforceable? Why or
Dottie, a manager, has been referred to you by a mutual friend to discuss a "situation" she has encountered. Her division director has insisted she take car rides with him for "meetings" to discuss department business. Sometimes these "meetings" last an hour or longer and make her feel very uncomfortable. Dottie says she is tell
I need help in locating at least three current events articles that address the same local or state government public policy issue on abortion . The articles can be from daily newspapers, weekly news magazines, public policy journals, or business journals. Complete a paper that analyzes the issues in the article regarding ab
I need help in locating at least three current events articles that address the same local or state government public policy issue on Immigration. The articles can be from daily newspapers, weekly news magazines, public policy journals, or business journals. I need to complete a paper that analyzes the issues in the article
What are three primary roles of the SEC? How does the Sarbanes Oxley Act augment the SEC's role in managing financial governance?
A. Describe the history and evolution of federal employment laws pertaining to each employment situation. Include descriptions and application of such acts as Title VII of the Civil Rights Act of 1964, the Pregnancy Discrimination Act, the Americans with Disabilities Act, the Age Discrimination in Employment Act, and the Family
In A & M Records, Inc. v Napster, Inc., the Ninth Circuit Court of Appeal determined that Napster, Inc.'s MusicShare software which allowed users to make MP3 music files stored on individual computer hard drives available for copying, search, and transfer by other Napster users, did not result in "fair use" of the copyrighted ma
What type of contract issues can occur in an workplace?
Can you please give me a summary of legal issues in the reduction of work force.
True or False 1. The basic elements of a valid contract are: an offer, an acceptance, consideration, the capacity of the parties to contract and a legal purpose. 2. The law requiring that certain contracts, such as contracts involving an interest in land, be in writing is the Statute of Limitations. 3. A Sole Propr
Therefore, the approach problem solving is somewhat different. Politicians often attempt to influence the manner in which a department conducts its business. Remember, a political body provides funding and support for an agency. Consider the following: You are the sheriff in a moderate-sized county and have 150 deputies in
Below is a situation an employee had in which her manager had to step in. After reading the situation below please answer the following questions. You have now almost finished with your MBA and will be eventually moving into a management position. Tie the situation below with a master's education. The pregnant sales clerk is