What If the Facts Were Different? Suppose that Bracken had signed the credit application Gary Bracken, president,

Question:

What If the Facts Were Different? Suppose that Bracken had signed the credit application “Gary Bracken, president, for 1 Cache, L.L.C.” Would he have been personally liable for the debt to DBL? Why or why not?

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: 978-0324655223

11th Edition

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

See More Books

Question Posted: May 02, 2012 01:29 AM

See More Questions

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...
WHAT IF THE FACTS WERE DIFFERENT? Suppose that the name Pyramid Title, LLC, had not been included on the face of the check. Would Peoples have been personally liable for payment of the check in that...
What If the Facts Were Different? Suppose that shortly before Pallisters death, she had asked James to tear up her will, and he had done it. Would the result have been different? Explain.
Which of the following statements correctly describes the reporting of cash? (a) Cash cannot be combined with cash equivalents. (b) Restricted cash funds may be combined with cash. (c) Cash is listed...
Audrey Corporation uses the direct method to prepare its statement of cash flows. Data related to cash activities for last year appears next. Answer the following questions: 1. What was the net cash...
Chips USA is considering the following projects to improve their production process. Chips have a short life, so a 3-year horizon is used in evaluation. Which projects should be done if the budget is...
Consider the multiple linear regression model fit to the baseball data in Problem 3.41. Problem 3.41 Consider the 2016 major league baseball data in Table B.22. While team ERA was useful in...
On April 1, 2011, Jennifer Stafford created a new travel agency, See-It-Now Travel. The following transactions occurred during the companys first month. April 1 Stafford invested $20,000 cash and...
Pharoah Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor...
The accompanying figure shows the graph of the velocity (ft/sec) of a model rocket for the first 8 sec after launch. The rocket accelerated straight up for the first 2 sec and then coasted to reach...
The Legal Environment Dimension What fact missing from the circumstances of this case was most important to InfoSAGEs cause of action and could have led to a different result if it had existed?
The E-Commerce Dimension If Bracken had submitted the application online, with Gary Bracken, president, for 1 Cache, L.L.C. typed in the space for a signature, would either he or 1 Cache have been...
The following polynomials are given: \[\begin{aligned}& p_{1}(x)=x^{5}+2 x^{4}-3 x^{3}+7 x^{2}-8 x+7 \\& p_{2}(x)=x^{4}+3 x^{3}-5 x^{2}+9 x+11 \\& p_{3}(x)=x^{3}-2 x^{2}-3 x+9 \\& p_{4}(x)=x^{2}-5...
What are the main ways in which the police are rendered accountable? How and why have these arrangements recently been changed? Discuss the range of tasks carried out by the police service.
What are the contents of an application record? Specify the Rule. And provide that an application record must contain the following information . Draft a notice of application for Tom Brad Pout, an...
An adjusting entry for expected returns requires a debit to ______. Multiple choice question. no account because returns are not recorded until the actual return occurs Sales Revenue and credit to...
What are the three most important warranty conditions you would look for? Explain why What is the difference between a full warranty and a limited warranty? Why do tire manufacturers give a limited...
Roxanne made a guaranteed reservation for a single king room at Circus Circus for one night and pre-paid the $40 rate. When she arrived at 11 pm, the front desk clown told her there were no rooms...
Identify the curves in Problems 24-27. a. $2 y^{2}+8 y-20 x+148=0 \quad$ b. $9 x^{2}-6 y^{2}+18 y-23=0$ c. $9 x^{2}+6 y^{2}+18 x-23=0$
Write electron configurations for the following ions, and determine which have noble-gas configurations: (a) Cd2+ (b) p3- (c) Zr4+ (d) Ru3+ (e) As3- (f) Ag+
Write a report discussing the creation of colors using additive color mixing and subtractive color mixing.
During the course of 10 months, Joseph Melle sent more than 60 million unsolicited e-mail advertisements to AOL members. What charges could be brought against him?
How is online privacy currently guarded?
Should investigators be entitled to review all files on a computer? What if the files had been deleted? What if they would reveal the identity of a vicious murderer? What can you do to protect...
how to connect to oracle database from cpp file step by step? I use Visual Studio and Oracle Instant Client. ? Explain your answer
How to determine the storage configuration for a database server for 1000+ staff? The server runs Linux and will have an Oracle database server. The estimated databases currently consume about 8 TB...
1. Explain on the financial statement analysis. 2. Explain on EIGHT (8) financial ratio. 3. Describe FIVE (5) types of financial objectives.

What If the Facts Were Different? Suppose that Bracken had signed the credit application Gary Bracken, president,

Question:

Step by Step Answer:

No because Brackens signature would have included limiting language that clearly ind...View the full answer

Business Law Text and Cases

Students also viewed these Business Law questions