Explain what laws are applicable to this fact pattern, Operation Management

Assignment Help:

Marie wrote Ray a check for landscaping her front lawn. Marie paid Ray in advance. The check was dated for five days later than the date of issuance. Ray was supposed to start landscaping on Monday. That Friday, Ray still had not shown up to do the job. Marie had the work done by someone else. Marie gave her bank, Second Citizens, an oral stop payment order on the check to Ray. Twenty-three months later, the check emerged and Second Citizens honored it. Marie has filed suit against Second Citizens for acting unreasonably under the circumstances.

Is Second Citizens liable to Marie for paying the 23-month-old check when there was an oral stop payment order? What laws are applicable to this fact pattern? Discuss your reasons for your answer.


Related Discussions:- Explain what laws are applicable to this fact pattern

Explain advantages of budgets, Explain advantages of budgets. Advantag...

Explain advantages of budgets. Advantages of Budgets: (i) Actions plans and policy taken are all reflected into the budgetary control system. Now here is a formal recognit

Characteristics of batch production, Characteristics of Batch Production ...

Characteristics of Batch Production Short Runs: Batch production is characterized by short production runs and frequent changes in set ups. Investment : Needs high in

Explain bottlenecks that may occur during the project, Briargrove has agree...

Briargrove has agreed to your plan. The CLN Team is asking for a refined version of the plan making the corrections based on their recommendations. They are requesting a comprehe

Provide examples of organizational situations, Give examples of organizatio...

Give examples of organizational situations that would call for transformational, transactional or charismatic leadership. I have an example of transformational, just can't quite

Explain adaption and culture shock, The first response to unfamiliar surrou...

The first response to unfamiliar surrounds, like those encountered in an overseas assignment, is: Answer: a. Adaption b. Culture shock c. Fascination d. Reverse culture shock

Describe the key success factors, Select an industry or a company of your ...

Select an industry or a company of your choice. Using figure 4.3 on page 110, apply the industry or the company by identifying the segment and key success factors. Justify / explai

Explain four ps of marketing, Explain Four 'P's of Marketing. Four 'P'...

Explain Four 'P's of Marketing. Four 'P's of Marketing : Marketing may be described as a human activity directed at satisfying wants and needs by exchange processes. A market

Describe the role of ethics and social responsibility, Explain the role of ...

Explain the role of ethics and social responsibility in developing a strategic plan, considering stakeholder needs. Explain how your ethical perspective has evolved throughout t

Write Your Message!

Captcha
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