The promissory note as payment for the tires

Assignment Help Operation Management
Reference no: EM132180886

You are the owner of an automobile tire wholesaler. You agree to sell a container of tires for $10,000 to Regional Auto Repair, Inc. John, a new employee of Regional Auto Repair, offers to pay you with a promissory note worth $40,000 from a business you have not heard of. John claims that he does not have time to enforce the note but assures you that it will be very easy for you to do so. John also inquires whether you would have further transactions by which he could pay you with similar promissory notes. Evaluate whether or not you should accept the promissory note as payment for the tires, particularly in reference to being a holder in due course.

Reference no: EM132180886

Questions Cloud

Optimal techniques for positioning product for target market : Describe the optimal techniques for positioning the product for its target market.
Familiarize themselves with details of social equity laws : Why should public administrators familiarize themselves with details of social equity laws?
Positive and negative consequences of cultural globalisation : Cultural globalisation: Discuss the positive and negative consequences of cultural globalisation?
Exercise the acceleration clause against westwood solar : Evaluate whether you should exercise the acceleration clause against Westwood Solar.
The promissory note as payment for the tires : Evaluate whether or not you should accept the promissory note as payment for the tires, particularly in reference to being a holder in due course.
What are the pros and cons associated with alternatives : What are the pros and cons(risks) associated with the alternatives?
Decide to create a line of women basketball sneakers : Danzel and Robert are professional basketball players who decide to create a line of women's basketball sneakers.
Inclusive workplace model to their employment base : How can corporations in different parts of the world apply the inclusive workplace model to their employment base?
Advanced educational materials : Before his termination On Monday, May 6th, 2002, John Hilliard worked as a Senior Sales Rep for Advanced Educational Materials (AEM),

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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