Explain the universal defense of material alteration

Assignment Help Other Subject
Reference no: EM13716062

Clarify the answer of given question

Question- Williams purchased a used car from Stein for $1,000. Williams paid for the car with a check, written in pencil, payable to Stein for $1,000. Stein, through careful erasures and alterations, changed the amount on the check to read $10,000 and negotiated the check to Boz. Boz took the check for value, in good faith, and without notice of the alteration and thus met the Uniform Commercial Code's requirements for holder in due course status.

Part 1- Can Williams successfully raise the universal (real) defense of material alteration to avoid payment on the check? Explain.

I need help to explain the universal defense of material alteration.

Reference no: EM13716062

Questions Cloud

Please help me figure out these answers : The weights of ripe watermelons grown at Mr. Smith's farm are normally distributed with a standard deviation of 2.8 lb. Find the mean weight of Mr. Smith's ripe watermelon is only 6% weigh more than 15lb.
Determines the temperature and pressure of tank : A rigid tank with a volume of 2 m3 contains 4 kg of liquid-vapor mixture of water at 75°C. If the water is slowly heated determines the temperature and pressure.
Explore the global problems and lecture of geography : In detail, discuss the global problems and lecture (not solutions) attempting to show your grasp of their scope and difficulty.
Describe the information security in organizations : How does policies, regulations and laws impact information security in organizations, companies or federal agencies?
Explain the universal defense of material alteration : Williams purchased a used car from Stein for $1,000. Williams paid for the car with a check. Can Williams successfully raise the universal (real) defense of material alteration to avoid payment on the check?
Describe the video surveillance and biometrics : With respect to "expectations of privacy", how has the law changed within the last decade regarding the use of video surveillance and biometrics.
What is the volume of the second tank : A 50-ft3 tank contains gas at 50 psia and 50°F. It is connected to another tank that contains gas at 25 psia and 50°F. What is the volume of the second tank.
What is the initial number of strands of bacteria : A bacterial culture is known to grow at a rate proportional to the amount present. After one hour, there are 1000 strands of bacteria. What is the initial number of strands.
Solve for the concentration in compartment two : A system is given by two compartments separated by a thin membrane, and solute moves from one compartment to the other by diffusion. solve for the concentration in compartment 2.

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

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