Define the rights of federal deposit insurance corporation

Assignment Help Management Theories

Reference no: EM131471554

Question: The Federal Deposit Insurance Corp. (FDIC) assigned a note executed by Donald Gerard to Federal Financial Company (FFC). FFC sued Gerard on the note more than six years after it was due. The statute of limitations on notes was six years. By federal law, the FDIC had a longer statute of limitations, and the suit was brought within that time. FFC argued that as the assignee of the FDIC, it had the FDIC's rights including the longer statute of limitations. Does it?

Reference no: EM131471554

Questions Cloud

Compare narrative and expository writing you have done : Create a memo to your instructor in which you compare and contrast narrative and expository writing you have done for classes in the past.

Personal writing assessment and reviewing : After completing the Personal Writing Assessment and reviewing the media presentations, what insights have you gained that will support and aid your development

Corporate culture has importance for organizational success : What are the most common causes of instability in governments? Discuss. Do you think that the corporate culture has importance for organizational success?

Discuss three tools used for windows backup and restore : Discuss three tools used for Windows Backup and Restore using the text, Internet, and/or your job as reference for full credit.

Define the rights of federal deposit insurance corporation : The Federal Deposit Insurance Corp. (FDIC) assigned a note executed by Donald Gerard to Federal Financial Company (FFC). FFC sued Gerard on the note more.

Implications for human resources management : Describe and discuss a definition of law and its implications for human resources management.

How you ensure your company will exceed competitors programs : How you ensure your company will exceed competitors program? What will you use to help prevent these issues and what will you use to respond to customer issues?

Develop contingency plans for major risks : For a project in which you are planning a campus event with a well-known speaker, identify and quantify risks and develop contingency plans for major risks.

How can a value be assigned to these characteristics : What are the benefits of timely, appropriate, detailed information? How can a value be assigned to these characteristics?

User Account

All Pages