Question: Dean bought a car from Cannon. As payment, Dean gave him a check drawn on South Dorchester Bank of Eastern Shore Trust Co. Cannon cashed
Dean bought a car from Cannon. As payment, Dean gave him a check drawn on South Dorchester Bank of Eastern Shore Trust Co. Cannon cashed the check at the Cambridge Bank of Eastern Shore Trust Co. The drawee bank refused payment when the check was presented on the ground that Dean had stopped payment because of certain misrepresentations made by Cannon. Will Eastern Shore Trust Co. succeed in an action against Dean for payment? [Dean v Eastern Shore Trust Co., 150 A 797 (Md)]
Step by Step Solution
★★★★★
3.45 Rating (171 Votes )
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Yes A stop payment order in some cases makes the de... View full answer
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
Document Format (1 attachment)
131-L-B-L-N-I (204).docx
120 KBs Word File
