Problems and Materials on Commercial Paper |
From inside the book
Results 1-3 of 35
Page 139
... stopped . A check is merely an order to pay money , and the maker has the right to stop payment . 5 R.C.L. 526 , ยง 46. The bank must respect the order stopping payment , but that does not destroy the contractual liability that may exist ...
... stopped . A check is merely an order to pay money , and the maker has the right to stop payment . 5 R.C.L. 526 , ยง 46. The bank must respect the order stopping payment , but that does not destroy the contractual liability that may exist ...
Page 177
... stopped pay- ment on the check and had demanded payment from Acme ; that , on advice of its attorney , Acme had paid Steel Supply but was unable to gain possession of the check ; that Steel Supply had then negotiated the check to Sleepy ...
... stopped pay- ment on the check and had demanded payment from Acme ; that , on advice of its attorney , Acme had paid Steel Supply but was unable to gain possession of the check ; that Steel Supply had then negotiated the check to Sleepy ...
Page 184
... stopped payment . What result ? Problem 54 Seller sold goods to Byer , warranting that the goods were of a certain quality . The goods were delivered in accordance with the terms of the contract and were of the warranted quality . In ...
... stopped payment . What result ? Problem 54 Seller sold goods to Byer , warranting that the goods were of a certain quality . The goods were delivered in accordance with the terms of the contract and were of the warranted quality . In ...
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