Question: Larry London (LL) buys a computer with his new store credit card at Greatest Get (GG). GG immediately sells the right to receive monthly payments
Larry London (LL) buys a computer with his new store credit card at Greatest Get (GG). GG immediately sells the right to receive monthly payments from LL to a finance company, Friendly Finance (FF). Unfortunately for LL, the computer stops working three months after he purchased it. As GG wont return his calls regarding his broken PC, LL stops making payments. Long story short, all stakeholders (LL, GG, and FF) are fed up with each others behavior; they all lawyer up.
In his case you are LLs lawyer.
For your initial post, explain to your client all the possible issues youve learned in this weeks material that help and hurt his or her chances of winning a potential lawsuit.
Remember to keep your eye on the ball. Limit your discussion to this weeks material. For example, you may want to consider whether the parties have a negotiable instrument. If so, what kind? What defenses might there be on that instrument?
Chapter 15 and 16, Introduction to Business Law
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