Any Kind Checks Cashed‚ Inc. v. Talcott it was crucial to determine whether holder of the instrument acted in good faith and fair dealing‚ as is required to have status of holder in due course. The definition of “good faith” is found in Commercial Law Article § 3-103(a)(4): “Good faith’ means honesty in fact and the observance of reasonable commercial standards of fair dealing.” The court upheld a trial court finding’s that Any Kind had not acted in good faith in cashing a check for $10‚000 but
Premium Court Appeal Trial
registered under the law (if any) for the time being in force for the registration of such documents‚ and is made on account of natural love and affection between parties standing in a near relation to each other. In other words‚ an agreement made on account of natural love and affection is binding if the following requirements are present: It is expressed in writing; It is registered (if applicable); and The parties stand in a near relation to each other --- Tan Soh Sim‚ Chan Law Keong & Ors v
Premium Contract
Elaborately explain the essential features of the consumer protection act 1986. Also briefly discuss unfair trade practice and restrictive trade practice as discussed under consumer protection Act? Read the case study given below and answer the questions given at the end Case Study Aditya Mass Communication Private Limited
Free Payment systems Cheque Legal terms
Discussion Questions 1-7 pg. 284 1. Discuss why many information technology professionals may overlook project cost management and how this might affect completing projects within budget. Information technology projects have a poor track record in meeting budget goals. There is an average cost overrun for unsuccessful IT projects ranging from 180 to 56%. There is room for improvement in meeting cost goals for IT projects. 2. Explain some of the basic principles of cost management‚ such as
Premium Project management Cost
takes longer and cost more because the arbitrator needs time to hear from both parties‚ analyze facts‚ examine evidence and determine a ruling that is legally binding. Usually parties who decide to use the mediation process will continue to conduct business with each other; typically parties who use arbitration
Premium Arbitration Dispute resolution Mediation
What is a contract? A contract is an agreement enforceable by law. 2. What is an agreement? An agreement is an arrangement between parties that creates legal obligations between them. Generally an agreement is said to be arrived at when an offer or proposal made by one person is accepted by another‚ with the intention of creating mutual obligations between them. 5. What are the essential features of a contract? Minimum two parties :- Atleast two parties are needed to enter into a contact
Premium Contract Contract law
Resolving Ethical Business Challenges Chapter One 1. What are the potential ethical issues faced by Acme Corporation? Acme is essentially bribing buyers to purchase their products. This could backfire on them if the buyers company gets wind of it. The reaction of the company may be to fire their buyer and cut off Acme all together. This of course could be potentially fatal for Acme in two ways‚ one by damaging their infrastructure though lost revenue and two by damaging their corporate
Premium Ethics Business ethics
Discussion Questions for OM 5016 Class 2 Ch 1 &2. Operations Management Introduction and Strategy 1. What is Operations Management? What are major OM decisions? 2. What are the key differences between goods and services? 3. What a role does productivity play? How to measure productivity and what challenges do we have in measuring and improving productivity? 4. What is mission and strategy? How important is it for an organization to develop a mission and strategy? 5. What
Premium Supply chain management Management Production and manufacturing
Madison Deller AP Literature 2nd period Equus Discussion Questions 1. Scene I: In Dysart’s opening monologue‚ he make a comparison between himself and a horse’s head. What is the purpose of this metaphor? How does this comparison give us insight into his Dysart’s character? The purpose of this metaphor is to show the reader that Dysart has become trapped by his education and knowledge of the world. This gives us insight to Dysart’s characters because the reader can see his struggle with
Premium Poetry Literature Language
1. Regulations (Chapter 10) How have recent financial disruptions changed the ways that financial markets are regulated? The subprime mortgage crisis is a huge example of a financial disruption that changed the ways that financial markets are regulated. Since bankers were giving out subprime mortgages that the house buyers could not repay‚ the house buyers all obtained way too much debt that they could not pay back. Because people couldn’t pay back their debts then they got foreclosed. Since this
Premium Stock market Stock Bond