Can united recover the scales from jasper

Assignment Help Project Management
Reference no: EM131388061

United Road Machinery Company, a dealer in heavy road equipment (including truck scales supplied by Thurman Scale Company), received a telephone call on July 21 from James Durham, an officer of Consolidated Coal Company, seeking to acquire truck scales for his coal mining operation.

United and Consolidated entered into a twenty-four-month lease-purchase agreement. United then notified Thurman that Consolidated would take possession of the scales directly. United paid for the scales and Consolidated took possession of them, but the latter never signed or returned the contract papers forwarded to it by United. Consolidated also never made any of the rental payments ($608/month) due under the lease.

On September 20, Consolidated, through its officer Durham, sold the scales to Kentucky Mobile Homes for $8,500. Kentucky's president, Ethard Jasper, checked the county records prior to the purchase and found no lien or encumbrance on the title; likewise, he denied knowledge of the dispute between Consolidated and United. On September 22, Kentucky sold the scales to Clyde Jasper, individually, for $8,500.

His search also failed to disclose any lien on the title to the scales, and he denied knowledge of the dispute between Consolidated and United. Can United recover the scales from Jasper? Explain.

Reference no: EM131388061

Questions Cloud

President obama prevented the financial crisis : 1. Discuss the crisis of 2007-2009 in USA and compare it with the Great Depressionin 1929.  Inyour discussion identify the factors that triggered both crises? 2. President Obama prevented the financial crisis of 2007 and 2009 from becoming a depres..
Who bears the risk for the loss of the home : Moses also had not received keys to the front door. Before Newman corrected these problems, a windstorm destroyed the home. Who bears the risk for the loss of the home? Why?
Discuss about the organizational networks and partnerships : The organization for this discussion is a for-profit career college. The mission statement involves preparing learners for a professional/technical career. This is a degree granting institution with diploma, associate and bachelor degrees. They of..
Advise the company as to their legal position : TLAW 202 - CORPORATIONS LAW - TERM ASSIGNMENT QUESTIONS. Simon, Michael and Don set up a project management company called Millennium Pty Ltd. Advise the company as to their legal position
Can united recover the scales from jasper : His search also failed to disclose any lien on the title to the scales, and he denied knowledge of the dispute between Consolidated and United. Can United recover the scales from Jasper? Explain.
What is the modified internal rate of return : What is the modified internal rate of return (MIRR) of this project? Assume that the required rate is 12%
Whether risk of loss passed from ninth street to harrison : Harrison refused, contending that risk of loss remained with Ninth Street because of its refusal to deliver the merchandise to Harrison's place of business. Discuss whether the risk of loss passed from Ninth Street to Harrison.
Determining the project net present value : The annual operating cash flow is $54,192. The cost of capital is 13 percent. What is the project's net present value if the tax rate is 23 percent?
How can we tell what is important to the customer : How can we tell what is important to the customer? How do we handle the situation where the customer wants the bells-and-whistles but they lack the necessary funds to pay for it?

Reviews

Write a Review

Project Management Questions & Answers

  Any issue in the business world as it relates to project

The Article Review assignment for this class is to critically review an article having to do with any issue in the business world as it relates to project management. You can pick any article you wish, as long as it meets the criteria listed below.Th..

  Alternatives-project organization can use to respond to risk

What are the four alternatives a project organization can adopt in deciding how to address and respond to its risks?

  Fictional project described in the course introduction

Develop a project charter for the fictional project described in the Course Introduction. All of your deliverables will leverage that same project as we move forward in the course.

  Prepare a flow chart for a patient visit

Prepare a flow chart for a patient visit to an outpatient orthopedic clinic to show the flow for handling minor fractures requiring casts.

  Employer-provided accident insurance

Bill was severely injured when he was hit by a car while jogging. He spent one month in the hospital and missed three months of work because of the injuries. Total medical costs were $60,000. Bill received the following payments as a result of the..

  How you best protect interests of key stakeholder groups

Could the survival of any of the three companies be at stake in this case? In a situation like this one, how could you best protect the interests of key stakeholder groups?

  Demonstrate the properties of symmetry and nonnegativity

Demonstrate the properties of symmetry, nonnegativity, and expansion of the mutual information I(X;Y) described in Section.

  Explore relationships between variables

Causal comparative research is used to explore relationships between variables. It determines reasons or causes for the current status of the phenomenon under study.

  What is the most significant risk

What project management practice, tool, or technique would be the most effective in mitigating that risk? Explain and Defend and support your opinion and cite your sources according to APA guidelines.

  Show that when the deformation is small

In the small deformation theory, the volumetric strain (dVx - dV0)/dV0 is approximated by ε11 + ε22 + ε33,- Show that when the deformation is small, the latter can be approximated by the former.

  1 describe how a work breakdown structure can be useful

1 describe how a work breakdown structure can be useful during the estimating of a project budget.2 before pert

  Importance of infrastructure projects

Describe the importance of infrastructure projects to the development of society.

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