Why can't the drawer of a certified cheque stop payment on it? explain.

Fantastic news! We've Found the answer you've been seeking!

Question:

Related Book For answer-question

Managing the Law The Legal Aspects of Doing Business

ISBN: 978-0132164429

4th edition

Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer

See More Books

Posted Date: Mar 17, 2024 07:20 AM

See More Questions

What are the four components of James Rest's model for ethical decision making? Explain
Ren/Tex Realty Inc (Ren/ Tex) sold several properties on behalf of Erin Amelia Investments Ltd (Erin Amelia). Erin Amelia therefore became contractually obliged to pay a commission of $38 000 to Ren/...
Defendant was the drawer of a check for $152.38 payable to its employee Arnett Lee. Lee, in turn, endorsed the check over to plaintiff, who operated a liquor store. After Lee endorsed the check to...
The population (in millions) of a country in 2015 and the expected continuous annual rate of change k of the population are given. (a) Find the exponential growth model P = Ce kt for the population...
What criteria might be used to justify cost allocation decisions? Which are the dominant criteria?
A flying saucer crashes in a Nebraska cornfield. The FBI investigates the wreckage and finds an engineering manual containing an equation in the Martian number system: 325 + 42 = 411. If this...
A European recession and the U.S. economy a. In 2014, European Union spending on U.S. goods accounted for $18 \%$ of U.S. exports (see Table 17-2), and U.S. exports amounted to $15 \%$ of U.S....
Georgia Pacific, a manufacturer, incurs the following costs. (1) Classify each cost as either a product or a period cost. If a product cost, identify it as a prime and/or conversion cost. (2)...
In a random walk suppose that at t = (n - 1)At the particle is located at x = max. The assumption is that at t = nAt the particle will have moved to x = (m+1)Ax with probability 3/4 or to x = (m-3)Ax...
systematically analyse and evaluate Michael Kors' Country Selection & Expansion Process. Answer guide formal: Please answer the question by presenting and explaining suitable concepts from the class...
The Greenpeace Report issued in 2020, UNPACKED: How supermarkets can cut plastic packaging in half by 2025, suggested that: GOVERNMENT SHOULD: Set legally binding targets in the Environment Bill to...
The result of including goodwill by valuing the non-controlling shares at their market price using Method 2 is to value the non-controlling shares on a different basis to valuing an equity investment...
Call options on a stock are available with strike prices of $\$ 15, \$ 17 \frac{1}{2}$, and $\$ 20$, and expiration dates in 3 months. Their prices are $\$ 4, \$ 2$, and $\$ \frac{1}{2}$,...
In a simple linear regression (one X variable and one Y variable), what does the coefficient represent?
The price of gold is currently $\$ 1,000$ per ounce. The forward price for delivery in 1 year is $\$ 1,200$. An arbitrageur can borrow money at $10 \%$ per annum. What should the arbitrageur...
Calculate the compressibility factor for real gas O2 at P= 50.1 atm, and the molar volume of oxygen Vm= 78.2 L mol-. %3D
Proposals have been made to ?sail? spacecraft to the outer solar system using the pressure of sunlight, or even to propel interstellar spacecraft with high-powered, Earth-based lasers. Sailing...
Manuel Inc produces and sells its own popular brand of photocopiers and printers. It also is an investor in a paper company called Bondar Inc. Manuel is considering adopting a marketing strategy...
Allan Zimmerman created a contract with Echo Helstrom for the design and manufacture of a custom guitar. Upon delivery of the instrument, Helstrom paid Zimmerman by providing a cheque, drawn in his...
What kind of rules does provincial partnership legislation provide for the internal organization of partnerships? How are these rules addressed in a partnership agreement?
A change in chromosome structure that does not involve a change in the total amount of genetic material is a. a deletion. b. a duplication. c. an inversion. d. none of the above.
The term endopolyploidy refers to the phenomenon of having a. too many chromosomes. b. extra chromosomes inside the cell nucleus. c. extra sets of chromosomes in certain cells of the body. d. extra...
During transduction involving a P1 phage, a. any small fragment of the bacterial chromosome may be transferred to another bacterium by a new phage. b. only a specific fragment of DNA may be...

Why can't the drawer of a certified cheque stop payment on it? explain.

Question:

Expert Answer:

A certified check acts differently from a regular check when it comes to stopping payment Heres why ... View the full answer

Managing the Law The Legal Aspects of Doing Business

Students also viewed these accounting questions