Problems and Materials on Commercial Paper |
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Page 200
... warranties ( unless disclaimed ) are often a part of the sale . Read sections 2–314 and 2–315 . When goods are sold , there is also ( unless excluded or modified ) a warranty of title . Read section 2-312 . Ought not warranties ...
... warranties ( unless disclaimed ) are often a part of the sale . Read sections 2–314 and 2–315 . When goods are sold , there is also ( unless excluded or modified ) a warranty of title . Read section 2-312 . Ought not warranties ...
Page 201
... warranties to anyone if A indorsed " without recourse " ? d . Has A made any warranties to anyone if A had made a gift of the check to B ? [ Compare A's liability as an indorser under section 3-414 . ] e . If the check had been drawn by ...
... warranties to anyone if A indorsed " without recourse " ? d . Has A made any warranties to anyone if A had made a gift of the check to B ? [ Compare A's liability as an indorser under section 3-414 . ] e . If the check had been drawn by ...
Page 209
... warranties do not include a warranty that the drawer of a check has sufficient funds on deposit to cover the check . final . The Code recognizes , however , that a bank may recover a payment when a presenter's warranty is breach- ed , e ...
... warranties do not include a warranty that the drawer of a check has sufficient funds on deposit to cover the check . final . The Code recognizes , however , that a bank may recover a payment when a presenter's warranty is breach- ed , e ...
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