This topic contains a solution. Click here to go to the answer

Author Question: Jane received a check as payment for her performance at a night club. In turn, she gives the check ... (Read 113 times)

karlynnae

  • Hero Member
  • *****
  • Posts: 599
Jane received a check as payment for her performance at a night club. In turn, she gives the check to Paul as a gift, but the check turns out to be worthless when he tries to cash it 45 days later. Does Paul have a claim against Jane?
 A)Yes, because he is the holder of the instrument.
 B)No, because warranties apply only if the instrument has been transferred for consideration.
 C)No, because he did not make a warranty claim within 30 days.
 D)Yes, because Jane should have made sure the check was valid before she gave it to Paul.

Question 2

The type of bill of lading not recommended for the shipment of perishable goods is:
 A) a received-for-shipment bill of lading.
 B) an on-board bill of lading.
 C) a negotiable bill of lading.
 D) a straight bill of lading.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

B

Answer to Question 2

A




karlynnae

  • Member
  • Posts: 599
Reply 2 on: Jun 24, 2018
Excellent


atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

For a complete list of videos, visit our video library