Problems and Materials on Commercial Paper |
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Page 221
Robert J. Nordstrom, Albert L. Clovis. termediary Bank is interested in its rights against Depositary Bank . Advise Intermediary Bank . NOTES There should be no difficulty in determining that Intermediary Bank can pass this loss to ...
Robert J. Nordstrom, Albert L. Clovis. termediary Bank is interested in its rights against Depositary Bank . Advise Intermediary Bank . NOTES There should be no difficulty in determining that Intermediary Bank can pass this loss to ...
Page 222
... Bank or Depositary Bank have recovered from Thief ? Problem 70d Suppose that Depositary Bank allowed Corner Tavern to draw on the credit which Depositary Bank gave for the check in Problem 70a , that Corner Tavern is now insolvent , and ...
... Bank or Depositary Bank have recovered from Thief ? Problem 70d Suppose that Depositary Bank allowed Corner Tavern to draw on the credit which Depositary Bank gave for the check in Problem 70a , that Corner Tavern is now insolvent , and ...
Page 244
... depositary bank has against its customer may be the basis of separate suit or , if the cus- tomer has adequate funds in his account in the depositary bank , used as a set - off . There is no reason why section 4-212 could not also be ...
... depositary bank has against its customer may be the basis of separate suit or , if the cus- tomer has adequate funds in his account in the depositary bank , used as a set - off . There is no reason why section 4-212 could not also be ...
Common terms and phrases
accepted Acme Machine action agent agreement altered amount appeal Arthur Adams assignment authority bank's bill of lading blank Bowl-Mor Byer Byer's cash cashier's check certification charge check drawn check payable checking account Citations omitted claim Clovis collecting bank Commercial Paper Company contract Crest damages delivered deposit Depositary Bank depositor draft drawee bank due course employee facts faith forgery funds Grocery holder in due indorsement Insured Intermediary Bank issued judgment jury liability loan loss ment National Bank negligence negotiable instrument negotiated the check Niederberger Nordstrom notice obligation paid party payee payee's payor bank person Peter Pringle Corporation plaintiff pre-Code presented the check Problem properly provides purchase question Read section reason received recover refused rule Seller signature signed statute stopped payment subsection supra tion took the check transaction transfer trial court Trust Uniform Commercial Code warranties Westmont Worthington Bank