Was national community bank liable

Assignment Help Operation Management
Reference no: EM13857343

Arthur Odgers died, and his widow, Elizabeth Odgers (Elizabeth S remarriage), retained Breslow as the attorney for her husband’s estate. She received a check payable to her drawn on First National City Bank. Breslow told her to deposit it in her husband’s estate. She signed an indorsement “pay to the order of Estate of Arthur J. Odgers.” Breslow deposited this check in his trustee account in National Community Bank, which collected the amount of the check from the drawee, First City national Bank. Thereafter, Elizabeth as administratrix of the estate of Arthur J. Odgers, sued Nation al Community Bank for collecting this check and crediting Breslow’s trustee account with the proceeds. Was National Community Bank liable? Explain.  

Reference no: EM13857343

Questions Cloud

The customer arrival rate averages about six customers : Stella can handle about ten customers per hour at her one-person comic book store. The customer arrival rate averages about six customers per hour. Stella is interested in knowing the operating characteristics of her single-channel, single phase queu..
Calculate the monthly capacity and capacity utilization : For the previous month, the Ellram Lounge served 1,500 customers with very few complaints. Their labor cost was $3,000; material cost was $800; energy cost was $200. and building lease cost was $1500. Calculate the single-factor productivities and th..
Was its indorsement necessary for further negotiation : Allstate Insurance Company issued a check payable to “Chuck N. Tang & Rosa C. Tang HWJT” with “Bank of America” on the second line and the following explanation on the front of the check: “Settlement of our rental dwelling loss caused by fire on 11/2..
Evaluate ergonomics and human factors design principles : Analyze and evaluate the ergonomics and human factors design principles you have learned in this module, and then creatively apply them to aviation maintenance operations. How can these principles be employed to improve the safety of maintenance oper..
Was national community bank liable : Arthur Odgers died, and his widow, Elizabeth Odgers (Elizabeth S remarriage), retained Breslow as the attorney for her husband’s estate. She received a check payable to her drawn on First National City Bank.  Thereafter, Elizabeth as administratrix o..
What is standard deviation of the project completion time : A project has seven activities - A, B, C, D, E, F, and G. They have mean activity times of 12, 15, 18, 9, 14, 10, and 8 days respectively, and each of them have a standard deviation of 2 days. The critical path has been identified as B-E-F-G. What is..
Create graphical representation of supply chain : Create a graphical representation of a supply chain for a construction company building houses.
What are three measures of forecast accuracy : Despite all the advances in statistics, computing power, and training for managers, many forecasts are still subject to substantial errors. What do you think if the biggest contributor to errors in forecast? What are three measures of forecast accura..
Steps in the design of quality control system : Outline the steps in the design of a quality control system. These steps can be found in narrative form within section 9.1 of your textbook. Discuss how the steps can lead to higher efficiency in an organization.

Reviews

Write a Review

Operation Management Questions & Answers

  Bay state technology has determined that its cost of equity

bay state technology has determined that its cost of equity is 15 and its after-tax cost of debt is 7.2. bay state

  What is the probability of the stereo failing

The lifetime of a new stereo is estimated to be 12 years with a standard deviation of 2.5 years. What is the probability of the stereo failing after 4 years?

  How much did the investor withdraw at the end of year 8

how much did the investor withdraw at the end of year 8?

  Quantified information

In 1948 Claude Shannon quantified information as: “The information in a message is inversely proportional to its probability. The more surprising a message, the more information it contains.” What is Mr. Shannon telling us with this description? Does..

  Asess the firms corporate ethics and corporate social

select either an international service organization or a multinational corporation and conduct a preliminary assessment

  What would you expect the layout of a producing facility to

research the process of producing an expensive product assume that it is something that must cost at least 1000. after

  How would you measure customer profitability

How would you measure customer profitability? What approach would you use in maximizing customer lifetime value? Explain.

  Effective presentations

Your boss wants you to make a presentation on your team's effectiveness report to the management team including your chief executive officer. Using the South University Online Library or the Internet, research how to create a Microsoft PowerPoint pre..

  How are leadership traits and ethics addressed

How are leadership traits and ethics addressed in the business world today?

  Industrial sales has production capacity

A manufacturer of industrial sales has production capacity of 1,000 units per day. Currently, the firm sells production capacity for $10 per unit.

  Strategy consulting firm that divides its consultants

B&K is a strategy consulting firm that divides its consultants into three classes: Associates, Managers, and Partners. The firm has been stable in size for the last 30 years, ignoring growth opportunities in the 90s, but also not suffering from a nee..

  Find the mad for forecast

Forecast the mileage for next year using a 2-year moving average. Round your answer to the nearest whole number; for example,1234 .(b) Find the MAD for your forecast in part (a). Round your answer to the nearest whole number; for example,123 .

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