Will industry finance factors llc be able to insist

Assignment Help Operation Management

Reference no: EM131919361

Premier Contracting Corporation purchased some equipment from Capitol Equipment Inc. pursuant to a contract that contained warranties.

Premier paid by issuing a promissory note to Capitol that made no reference to the purchase contract or the warranties.

Capitol immediately sold the promissory note to Industry Finance Factors LLC for slightly less than face value and indorsed it over to them.

Soon after delivery, Premier realized that the equipment was defective. Premier filed a lawsuit against Capitol for breach of contract.

Industry Finance Factors LLC has demanded payment from Premier but Premier has refused to pay, because of the problems with the equipment.

Will Industry Finance Factors LLC be able to insist on payment by Premier Contracting Corporation despite the problems with the equipment?

Reference no: EM131919361

Questions Cloud

What would be the new employees marginal product of labor : What would be the new employee's marginal product of labor? What is the value of that marginal product? Should the moving service hire a fourth worker?

Would you adapt your product for local tastes : Would you adapt your product for local tastes or introduce a "global" product? Support your reasoning.

Company balance sheet amount in accounts receivable : Its accounts are, on average, four days past due. If annual credit sales are $9.75 million, what is the company's balance sheet amount in accounts receivable?

Explain whether manager will change policy to avoid walkout : One of friends suggests that they all agree to walk out if manager doesn't change her policy. Explain whether manager will change her policy to avoid a walkout.

Will industry finance factors llc be able to insist : Premier Contracting Corporation purchased some equipment from Capitol Equipment Inc. pursuant to a contract that contained warranties.

Which process do you recommend : A privately owned company manufactures metal seat frames that are used to make automobile seats. Its customer, the seat manufacturer, forecast that 50,000.

What is the project npv if the tax rate is 26 : The annual operating cash flow is $104,571 and the cost of capital is 11% What is the project's NPV if the tax rate is 26%?

What will happen to the wage for farm labor at equilibrium : What will happen to the wage for farm labor at equilibrium? Now suppose farm workers place no value on health benefits. How does this affect your answer?

Prepare a run diagram for this emergency call data : Prepare a run diagram for this emergency call data. Use five minute intervals (count calls received in each five minute interval.)

User Account

All Pages