Explain the bank arranged for the ship to be arrested

Assignment Help Business Management
Reference no: EM1362985

Answer both Discussion Board
1. Ed is an employee of Big Corporation and works for Big in State Y. Ed is an American citizen and Big is an American corporation. Big fires Ed for being a member of a racial group that is very unpopular in State Y. Ed files suit in the US claiming that his American civil rights have been violated by Big. Has Big violated Ed's civil rights? Can a US court give Ed relief in this case? Why?

2.Mr. Ess, the owner of the SS Skimpy and an American citizen, borrows money from MultiBank in London to outfit his ship, giving the bank a maritime lien on the ship. Mr. Ess sells the ship to Mr. Tee, a Canadian. Mr. Tee is not aware of the lien and was not aware that Mr. Ess had defaulted on the loan. When the ship pulled into a British port, the bank arranged for the ship to be arrested (seized) and sold to pay off the balance due on the loan. Can the bank do this? What recourse does Mr. Tee have?

Reference no: EM1362985

Questions Cloud

How much would it have cost to have corrected fault : How much would it have cost to have corrected the fault during the specification phase? What should be the best answer to this question by a software engineering?
Strategies for recruitment-hiring and onboarding : Strategies for Recruitment-Hiring and Onboarding - Prepare a comprehensive plan in which you present your strategies to recruit
Important question based on financial risk : If according to the historical financial statements for Starbucks, the debt to assets ratio is 4.00 percent and is forecasted to go to zero in 2003.
Tax research-non-liquidating distributions : Analyze how corporations treat non-liquidating distributions and determine the most likely mistake(s) the client could make that would result in an IRS audit. Advise the client on how to avoid the mistake(s) and how you would respond to the IRS in..
Explain the bank arranged for the ship to be arrested : Explain the bank arranged for the ship to be arrested (seized) and sold to pay off the balance due on the loan
Explain about off-site training : Does your organization use off-site training facilities and do believe it is more effective that on site training?
Explain multiprogrammed system available in user mode : CPU voltage and frequency or put it to sleep altogether. In a multiprogrammed system should this functionality be available in user mode or only accessible via system call. why or why not?
Type of costing method : What type of costing method is used by Crystal Glass? Does the method comply with GAAP? If not, what costing method should be used? What would net income be? Could the statements be misleading to the bank? Why or why not?
Negotiating buying and selling cars : What are likely to be the points of conflict and what power does Barney have and Negotiating Buying and Selling Cars

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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