Will the bank recover on the promissory note

Assignment Help Business Management

Reference no: EM13107257

Q. Bill decided that it was time to remodel his home. Among the features that Bill had comprised in his remodelling plan was the addition of several very large picture windows. Because of the great expense of the windows, Bill financed the cost through the issuance of a promissory note. The manufacturer of the windows sold the promissory note to a bank. Just after the promissory note matured, the windows began to leak badly. Bill refused to pay on his promissory note and brought action against the manufacturer on breach of contract. Will the bank recover on the promissory note?

Reference no: EM13107257

Questions Cloud

Whether to charge with crime for eating boy-s flesh : Three surviving sailors ate boy's remains for four days, at which point they were rescued by passing boat, they were in seriously weakened condition. Must Brooks have been charged with crime for eating boy's flesh? Describe.

Illustrate what is the annual cost of ordering : Illustrate what will be the maximum inventory level? Illustrate what percentage of time will the facility be producing components? Illustrate what is the annual cost of ordering and holding inventory?

Question on independent sample t test for mean : In testing the equality of the two means below, what is the test statistic? (Use the unequal variances formula)

Estimate the minimum possible cycle time : Given the following line balance data: Task Predecessor Time (seconds) t ---- 15 u t 14 v t 7 w u 6 x v 8 y w, x 10 z y 21 draw the precedence diagram of the process. What is the minimum possible cycle time?

Will the bank recover on the promissory note : Just after the promissory note matured, the windows began to leak badly. Bill refused to pay on his promissory note and brought action against the manufacturer on breach of contract. Will the bank recover on the promissory note?

Information of one sample t test for mean : To reduce operating costs, First UP Bank wants to make sure that the loan department in its branches manage the number of courier packages sent out to appraisers etc.

Could the labour in these industries be retrained : Illustrate what industries does this country currently protect and explain why? Illustrate what economic policies does the country use to protect these industries? Could the labour in these industries be retrained?

Compute the final pressure in the tank : Compute the final pressure in the tank if nothing else is altered in the surroundings. (The two gases do not react)

Calculate the standard working time : Determine the standard working time for a special job, following observation data is collected: Observation 1 2 3 4 5 6 7 8 Time (in second) 17 18 15 14 13 15 16 13 a) If the person observed worked at a pace that is 80 percent of normal.

User Account

All Pages