What should the xyz railroad company do

Assignment Help Business Law and Ethics
Reference no: EM131388240

The ABC Company, located in Chicago, contracted to sell a carload of television sets to Dodd in St. Louis, Missouri, on sixty days' credit. ABC Company shipped the carload to Dodd.

On arrival of the car at St. Louis, Dodd paid the freight charges and reshipped the car to Hines of Little Rock, Arkansas, to whom he had previously contracted to sell the television sets.

While the car was in transit to Little Rock, Dodd went bankrupt. ABC Company was informed of this at once and immediately telegraphed XYZ Railroad Company to withhold delivery of the television sets. What should the XYZ Railroad Company do?

Reference no: EM131388240

Questions Cloud

What are the rights of the parties : Jane sells and delivers to Gerald on June 1 certain goods and receives from Gerald at the time of delivery Gerald's check in the amount of $9,000 for the goods.- The trustee is in possession of the goods and refuses to deliver them to Jane. What ar..
Determine the range of the transmission angle : Design a fourbar linkage to carry the box in Figure PS-4 from position 1 to 3 without regard for the fixed pivots shown. Use points A and B for your attachment points. Determine the range of the transmission angle. The fixed pivots should be on th..
How could topic apply to an organization you have observed : What evidence supports the main point? How could the topic of this article apply to your personal or professional life? How could the topic apply to an organization you have observed?
Rate of return company can get in this equipment proposal : An equipment costing $52,500 is being considered for a production process at Dew Chemicals. The expected benefits per year is $5,000 and estimated salvage value is $9,000. Determine the rate of return the company can get in this equipment proposal. E..
What should the xyz railroad company do : ABC Company was informed of this at once and immediately telegraphed XYZ Railroad Company to withhold delivery of the television sets. What should the XYZ Railroad Company do?
Primary mechanism for loan securitization : Pass-through securities are the primary mechanism for loan securitization. Summarize the creation of a Ginnie Mae (GNMA) pass-through security and explain its securitization process. Identify how such a securitization benefits a financial institut..
What are the rights of the parties : The machines cannot readily be resold for a reasonable price because they are a special kind used only in Terry's manufacturing processes. Robert sues Terry to recover the agreed price of the machines. What are the rights of the parties?
Computation of break-even equations : The Center for Shaker Crafts (CSC) is thinking about bringing a new exhibit to the Center. It will cost the Center $30,000 to bring the exhibit to town, an additional $12,000 for lighting and security equipment, and $5,500 for an insurance policy...
What is the number of kilowatt hours of electricity produced : A state owned company is providing electricity at the price of $0.105 and faces the demand for electricity P=1.255-0.001Q. The company has a cost function C(Q)=100.625+0.105Q. Commonwealth of Pennsylvania sells the firm, and now the firm’s only goal ..

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

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