Problems and Materials on Commercial Paper |
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Page 145
... delivered to Waterman by March 15 . Before the steel was delivered , Steel Supply presented the check and learned that payment had been stopped . Nevertheless , Steel Supply delivered the steel and - when Waterman did not pay the ...
... delivered to Waterman by March 15 . Before the steel was delivered , Steel Supply presented the check and learned that payment had been stopped . Nevertheless , Steel Supply delivered the steel and - when Waterman did not pay the ...
Page 194
... delivered $ 2,000 worth of bolts to Acme Ma- chine Co. and is not required to pay anything to Sleepy - Wink until Waterman has been paid for the bolts . d . Steel Supply has never delivered the steel which it promised to deliver in ten ...
... delivered $ 2,000 worth of bolts to Acme Ma- chine Co. and is not required to pay anything to Sleepy - Wink until Waterman has been paid for the bolts . d . Steel Supply has never delivered the steel which it promised to deliver in ten ...
Page 303
... delivered . The buyer would be allowed to pay the remainder of the $ 500,000 purchase price in installments over a period of time rang- ing up to five years . When a plane was delivered , the buyer would sign a note payable to the order ...
... delivered . The buyer would be allowed to pay the remainder of the $ 500,000 purchase price in installments over a period of time rang- ing up to five years . When a plane was delivered , the buyer would sign a note payable to the order ...
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