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Question: A customer of Foster Bank named Choi deposited in her account a check for $133,026 that listed her as the payee. The check had been drawn on Wachovia Bank by a company called Media Edge that had an account with that bank. Foster presented the check to Wachovia for payment. Wachovia paid Foster and debited Media Edge's account. Now, as it happened, the actual payee of the check as originally issued was not Choi; it was a company called CMP Media. When CMP Media told Media Edge that it had not received the check, an investigation ensued and revealed that Choi had somehow substituted her name for CMP Media on the check she deposited. By the time this was discovered, Choi had withdrawn the money from her account and vanished, and Wachovia had destroyed the paper check that Foster had presented to it for payment. It had done this in accordance with its normal practice, the lawfulness of which was not a question. It had retained a computer image of the check, but whether the image was of the original check drawn on Wachovia, with an alteration, or of a forged check could not be determined. The issuing bank's suit was based on the presentment warranty, under which, when a depositary bank presented a check for payment by the bank that issued the check, it warranted that the check had not been altered. On the basis of these facts and the information you know regarding warranties, who do you think should be liable for the amount of the check?
What should be included in your plan to send a message? What are the three parts of a written outline?
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?
Explain each linkin the model and why it is important in understanding how management practices affect employee satisfaction-engagement, customer satisfaction, and, ultimately, long-term profitability and growth.
Define wireless technologies and mobile technologies. Next, determine at least three (3) ways which companies or organizations utilize such technologies to improve business efficiency
You are managing a group that is considering the relocation of a major manufacturing facility. During a meeting, one of the team members raises a concern that moving a large employer will have a negative impact on the community in which the facility ..
1. Why can Rawls argue that behind the veil of ignorance all people will be able to agree on two principles of distributive justice? How is this relevant to the problem of self-interest?
Look at the annual report of a company in a similar line of business to M&S. Calculate the gross profit in a recent year as a percentage of sales.
Identify and explain the major factors in the social environment that create an atmosphere in which business criticism takes place and prospers. How are the factors related to one another? Has the revolution of rising expectations run its course? ..
Although a default occurred at this time, it was not until April 2011 that Hane gave notice of the dishonor and made a demand for payment on the Extens as indorsers. Are the Extens liable under their indorser's liability?
What two factors most often are associated with companies hiring a Chief Strategy Officer?
Direct Employers Association
part onecome up with a goal determine constraints and formulate a reasonable investment policy statement.part twoselect
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