WHAT IF THE FA CTS WERE DIFFERENT? Suppose that the marker had stated Payable to the Order

Question:

WHAT IF THE FA CTS WERE DIFFERENT?

Suppose that the marker had stated “Payable to the Order of the Venetian.” Could the casino have transferred it for collection? If so, how?

THE ECONOMIC DIMENSION

What is the advantage to the Venetian of the court’s holding that Nehme’s marker is a negotiable instrument?

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

Step by Step Answer:

Related Book For book-img-for-question

Business Law Text and Cases

ISBN: 978-1285185248

13th edition

Authors: Kenneth Clarkson, Roger LeRoy Miller, Frank Cross

See More Books

Question Posted: Jun 18, 2014 09:12 AM

See More Questions

WHAT IF THE FA CTS WERE DIFERENT? Suppose that searches of the Florida and New York records had revealed that Regions was a secured creditor of Camtech and Avstar Fuel. Would the result have been...
WHAT IF THE FA CTS WERE DIFERENT? Suppose that the parties had carefully read the contract before they signed it. If they had been sure that the agreement stated what they intended and if every-thing...
Demery worked as a bookkeeper at Clinton Georgs business, Freestyle, until Georg discovered that she had embezzled more than $200,000 and had failed to pay $240,000 in state and federal taxes owed by...
Write the C++ code for a function that receives an integer, a double number, and the address of a double variable from the calling statement. The function should multiply the integer by the double...
One kmol of carbon monoxide (CO), reacts with theoretical amount of air to form an equilibrium mixture of CO2, CO, O2 and N2 at 2200 K and 1 atm. Determine the equilibrium composition of (a) CO, (b)...
Grande Hotel Limited (GHL) is expected to generate free cash flows of $500,000 next year. Free cash flow will increase at an annual rate of $250,000 for Years 2 to 4 after which it will stabilize at...
For the revised propane refrigeration cycle in Figure 10.21, let the isentropic efficiencies of the turbine and compressor be 0.9 and 0.7 , respectively. Compute the following: (a) Lost work for the...
Bradley has two classifications of professional staff: partners and associates. Harrington asks his assistant to examine the relative use of partners and associates on the recent Campa Coal and St....
An aerobatic airplane pilot experiences weightlessness as she passes over the top of a loop-the-loop maneuver. The acceleration of gravity is 7.8 m/s 2 . If her speed is 470 m/s at this time, find...
You have recently started work as a management accountant at Zilber Hotels, reporting to the financial controller. Draft management accounts have been prepared for the year just finished, and the...
1. In its opinion, the court pointed out that the duty to act in good faith does not apply to lenders seeking payment on demand notes. Why not? 2. If National City had demanded payment of the line...
Sasha owes $600 to Yale, who asks Sasha to sign an instrument for the debt. If included on that instrument, which of the following would prevent its negotiabilityI.O.U. $600, I promise to pay $600,...
1. What interactions and discussion need to take place among the marketing, manufacturing, logistics, and finance departments? Explain the logistics department`s role in the introduction of the new...
A metal bar is shown below. L F Th a. Draw the letter "C" at the point of maximum Compressive stress. b. Draw the letter "T" at the point of maximum Tensile stress. C. Draw the letter "B" at the...
A system consists of 10^4 particles and 3 energy levels (E0 = 0, E1 = hv, and E2 = 2 hv). The total available energy, Etot, is 5000 hv. Constraints: Etot = const. and Ntot = const. What is the...
The PT works in an outpatient clinic. The patient is a 62 year old female and is 4 weeks post bilateral total knee replacement. The patient is seen by the PT for initial physical therapy evaluation...
Basic Sound, Inc. produces portable solar powered music players for $45. It needs to prepare operating budgets for the year ending December 31, 20x3. The budgets need to be stated on a quarterly...
During sprinting, the propulsive impulse lasts 2 times longer than the breaking impulse. The breaking impulse lasts 0.08 seconds. As a result of the breaking impulse the vertical velocity decreases...
J K Cements Limited is a leading manufacturer of cement in India with installed grey cement capacity of 10.5 million tonne per annum. It is the second largest manufacturer of white cement with an...
3.16. For a system with non-identical service rates (see Sect. 3.5) and a limit of N jobs in the system (Eq. 3.13), obtain an expression for the mean service time per job, E[Ts], as a function of the...
Explain how a firm that expects to need funds during the coming year might make sure that the needed funds will be available.
Federated Financial Reserve Corp. leases consumer and business equipment. As part of its credit-approval and debt-collection practices, Federated hires credit collectors and authorizes them to obtain...
Greif Brothers Corp., a steel drum manufacturer, owned and operated a manufacturing plant in Youngstown, Ohio. In 1987, Lowell Wilson, the plant superintendent, hired Youngstown Security Patrol, Inc....
In 1998, William Larry Smith signed a lease for certain land in Chilton County, Alabama, owned by Sweet Smitherman. The lease stated that it was between Smitherman, and WLS, Inc., d/b/a [doing...
The imposition of a ceiling on the length of time a criminal case should take to get to trial is a multifaceted issue, balancing the defendant's right to a timely trial with the complexities of...
Discuss three changes written into the Constitution in 1789 that changed the government from what it was under the ArticIes of Confederation?
Assume South Park is initially closed to trade. Domestic supply and demand for winter hats is given by the following equations: D = 60 - 4P, S = 2P - 6. a. Suppose South Park opens up to trade and...

WHAT IF THE FA CTS WERE DIFFERENT? Suppose that the marker had stated Payable to the Order

Question:

Step by Step Answer:

What If the Facts Were Different Yes the casino could have transferred the marker if it had bee...View the full answer

Business Law Text and Cases

Students also viewed these Business Law questions