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If Bank One had refused to negotiate with Johnson and Layne, and had sold their stock as soon as their loans were in default, would the result in this case have been different? Why or why not?

If Bank One had refused to negotiate with Johnson and Layne, and had sold their stock as soon as their loans were in default, would the result in this case have been different? Why or why not?

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Probably not According to the facts in the case the lenders were und…View the full answer


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Business Law Text and Cases

Business Law Text and Cases

ISBN: 978-0324655223

11th Edition

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F

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Posted Date: May 02, 2012 00:57:25
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