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Question: When Timothy Holloway was six years old, Rountree Crisp purchased a $20,000 certificate of deposit payable to "Timothy Holloway, by Rountree Crisp, Agent" from Wachovia Bank. After Crisp's death, Wachovia paid the proceeds of the CD to Marcia Coleman, Crisp's daughter and Timothy's mother, and Louise Crisp, Crisp's widow and Timothy's grandmother.
They had indorsed the CD "Timothy Holloway by Estate of George Crisp, Marcia Coleman, Adminx., Louise Crisp, Adminx." Coleman put the proceeds into another CD in the name of Timothy Holloway, by Marcia Coleman. Wachovia subsequently issued a check for the CD with the same payee. After Timothy became an adult he sued Wachovia. Should Wachovia be held liable?
Betchem Manufacturing Company is into the production of kitchen knife with staff strength of 60. The company makes profit between the ranges of 200000 and 280000 Ghana cedis per annum, but for 10 years now, the company is not making any effort to ..
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Must all the parties to a contract perform simultaneously in order to discharge the contract by performance?
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