Problems and Materials on Commercial Paper |
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Page 101
... recover nothing and the vendor would be entitled to recover the difference between the market value of the car and the balance due upon the contract . [ Cita- tion omitted . ] In the circumstances stated , the contention is sound , but ...
... recover nothing and the vendor would be entitled to recover the difference between the market value of the car and the balance due upon the contract . [ Cita- tion omitted . ] In the circumstances stated , the contention is sound , but ...
Page 159
... recover . A bill indorsed by the payee , is to be considered to all intents as cash , unless he chooses to restrain its currency , which he may do by a special indorsement , as " Pay the contents to William Fisher " . The very object in ...
... recover . A bill indorsed by the payee , is to be considered to all intents as cash , unless he chooses to restrain its currency , which he may do by a special indorsement , as " Pay the contents to William Fisher " . The very object in ...
Page 209
... recover a payment when a presenter's warranty is breach- ed , e . g . , when an indorsement is forg- ed . U.C.C. ยงยง 3-417 ( 1 ) , 4-207 ( 1 ) . And under the established law before adop- tion of the Uniform Commercial Code , a bank ...
... recover a payment when a presenter's warranty is breach- ed , e . g . , when an indorsement is forg- ed . U.C.C. ยงยง 3-417 ( 1 ) , 4-207 ( 1 ) . And under the established law before adop- tion of the Uniform Commercial Code , a bank ...
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