Bank One wrongfully dishonored a check that its customer, Brian, ...

[jCorn1234]

Bank One wrongfully dishonored a check that its customer, Brian, had written. Their contract provided that Bank One would timely honor checks when there were sufficient funds in Brian's account. Brian had sufficient funds, but a bank employee had made an error in transposing account numbers. As a result, Brian's mortgage payment was late and he owed a late fee of 35. Who must pay the 35 late fee?
 A) Brian
 B) The mortgage company
 C) Bank One
 D) Brian and Bank One must split the fee

Question 2

Owners of a limited liability company:
 A) have unlimited liability for contracts entered into by the LLC.
 B) can transfer their membership as a personal property interest.
 C) cannot assume any management responsibilities.
 D) All of the above

[leahm14]

Answer to Question 1

C

Answer to Question 2

B

[jCorn1234]

Excellent

[bulacsom]

Thanks for the timely response, appreciate it