Problems and Materials on Commercial Paper |
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Page 145
... Supply Co. as a down payment on a contract between Waterman and Steel Supply for a $ 15,000 load of steel to be delivered to Waterman by March 15 . Before the steel was delivered , Steel Supply presented the check and learned that ...
... Supply Co. as a down payment on a contract between Waterman and Steel Supply for a $ 15,000 load of steel to be delivered to Waterman by March 15 . Before the steel was delivered , Steel Supply presented the check and learned that ...
Page 147
... Supply Co. in exchange for the promise of Steel Supply to deliver $ 2,000 worth of steel to X. Acme stopped pay- ment of the check before the drawee bank had paid Steel Supply . Steel Supply sued Acme on the check and claimed to be a ...
... Supply Co. in exchange for the promise of Steel Supply to deliver $ 2,000 worth of steel to X. Acme stopped pay- ment of the check before the drawee bank had paid Steel Supply . Steel Supply sued Acme on the check and claimed to be a ...
Page 193
... Supply Co. , 24 App.Div.2d 799 , 263 N.Y.S.2d 589 ( 1965 ) . Problem 61 Return to the facts of Problem 57 , wherein ... Supply Co. as the down payment on a load of steel which Steel Supply agreed to deliver within ten days . Steel Supply ...
... Supply Co. , 24 App.Div.2d 799 , 263 N.Y.S.2d 589 ( 1965 ) . Problem 61 Return to the facts of Problem 57 , wherein ... Supply Co. as the down payment on a load of steel which Steel Supply agreed to deliver within ten days . Steel Supply ...
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