Discuss ochoa liability in the given situations

Assignment Help Business Law and Ethics
Reference no: EM131661073

Question: Hypothetical Question with Sample Answer. Maria Ochoa receives two new credit cards on May 1. She had solicited one of them from Midtown Department Store, and the other arrived unsolicited from High-Flying Airlines. During the month of May, Ochoa makes numerous credit-card purchases from Midtown Department Store, but she does not use the High-Flying Airlines card. On May 31, a burglar breaks into Ochoa's home and steals both credit cards, along with other items. Ochoa notifies the Midtown Department Store of the theft on June 2, but she fails to notify High Flying Airlines. Using the Midtown credit card, the burglar makes a $500 purchase on June 1 and a $200 purchase on June 3. The burglar then charges a vacation flight on the High-Flying Airlines card for $1,000 on June 5. Ochoa receives the bills for these charges and refuses to pay them. Discuss Ochoa's liability in these situations.

Reference no: EM131661073

Questions Cloud

Correct measurement to record : Which of the following choices is the correct measurement to record in your data if the digital readout on a balance won't stop jumping from "64.382" to "64.381
Identify stakeholders that will create resistance in change : Identify stakeholders that will create resistance in change, What leadership skills are most conducive to create a favorable proposed change process
Eliminate all emissions of cancer-causing chemicals : Should the Environmental Protection Agency totally eliminate all emissions of cancer-causing chemicals? Discuss.
How to find concentration of sample : How to find concentration of sample when taken 5mL of the mother solution and diluting it up to 100mL with distilled water.
Discuss ochoa liability in the given situations : Using the Midtown credit card, the burglar makes a $500 purchase on June 1 and a $200 purchase on June 3.
Carefully write the formulas for each of these substances : Indium (III) oxide is reacting with acetic acid, water, and oxygen gas. The only product of this combination/synthesis reaction is indium (I) bicarbonate.
Describe the layout of your fair the location : Discuss the cultural considerations necessary to meet the goals of the fair.
What are the requirements for an eis : Environmental Impact Statement. Greers Ferry Lake is in Arkansas, and its shoreline is under the management of the U.S. Army Corps of Engineers.
Write an essay on the book sula : Write a 1500 word essay on the book SULA. What does this tell us about both the individual and the society in which he lives?

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

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