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GrogVix [38]
3 years ago
9

Paris won a lawsuit against railroad, and was given a settlement check. the check somehow came to be in eddy's possession. eddy

indorsed the check to himself and deposited it in his account at bank. paris sued bank, alleging that it was liable to her for having paid the check over an unauthorized indorsement. is bank liable to paris?
Business
1 answer:
Vikki [24]3 years ago
3 0

Answer:

Yes under the theory of conversion.

Explanation:

Conversion occurs when an individual takes possession of an item and excercises ownership of it in a way that is in conflict with the real owner's right of possession.

In this instance Eddy paid in a cheque that was not owned by him. The onus was on the bank to confirm from the account owner the real beneficiary of the check.

This would have prevented the conversion of the check through an illegal indorsement.

Conversion is a common type of fraud with regards to dividend warrants where dividend warrants edited to present a different person as the owner of the check.

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Tina is the inventor of a personal fitness tracking device, and she is in the process of hiring employees after receiving invest
natima [27]

She should first establish a strategy and let that be her guide.

Strategy is a widespread plan to achieve one or more lengthy-term or normal goals under conditions of uncertainty.

The strategy is an action that managers take to reap one or greater of the organization's goals. strategy can also be described as “A fashionable path set for the company and its diverse components to acquire a preferred country within the destiny. approach results from the distinctive strategic planning system”.

A tactic refers to the precise moves taken to attain the set goals in line with the method. for instance, organization A's strategy is probably to end up the most inexpensive company in the smartphone market. Their managers then need to negotiate with suppliers to reduce the costs of the electronic additives utilized in production.

Learn more about strategy here brainly.com/question/27747591

#SPJ4

4 0
2 years ago
If the elasticity of demand for college textbooks is -0.1, and the price of textbooks increases by 20%, how much will the quanti
elixir [45]

Answer:

The quantity demanded will decrease by 2%.

Explanation:

This can be determined using the elasticity formula as follows:

e = Percentage change in quantity demanded change / Percentage change in price ........ (1)

Where;

e = elasticity of demand for college textbooks = -0.1

Percentage change in quantity demanded change = ?

Percentage change in price = 20%

Substituting the values into equation (1) and solve for Percentage change in quantity demanded change

-0.1 = Percentage change in quantity demanded change / 20%

Percentage change in quantity demanded change = -0.1 * 20% = -0.02, or -2%

Since the Percentage change in quantity demanded change is negative 2%, it implies that the quantity demanded will decrease by 2%.

6 0
3 years ago
What will happen to the equilibrium price and quantity of airline fares as a result of the following two simultaneous changes (a
marin [14]

Answer:

Equilibrium quantity would increase. there would be an indeterminate effect on equilibrium price

Explanation:

If fewer people go on vacation fewer people would board planes. As a result, the demand curve for planes would shift inwards. This would lead to a decrease in equilibrium price and quantity.

As a result of the higher cost of providing services, fewer planes would be in operation. This would lead to an inward shift of the supply curve. Equilibrium price would increase and equilibrium quantity would decrease.  

Taking this two effects together, equilibrium quantity would increase. there would be an indeterminate effect on equilibrium price.

3 0
3 years ago
The Piper Co purchased a new machine 4 years ago at $15 million. The machine can be sold for $5 million today. The firm's curren
notsponge [240]

Answer:

$5,750,000

Explanation:

Given that,

Net working capital = $750,000

Current Liabilities = $2,000,000

Book value of the net fixed assets = $3,000,000

Net working capital = Current assets - Current Liabilities

Book value of the current assets:

= Net working capital + Current Liabilities

= $750,000 + $2,000,000

= $2,750,000

Book value of the firm's assets:

= Book value of the current assets + Book value of the net fixed assets

= $2,750,000 + $3,000,000

= $5,750,000

4 0
3 years ago
Four years ago, acme tool and die included its employees in a profit-sharing plan in which workers started receiving quarterly b
worty [1.4K]
This productivity increase is best explained in term of OPERANT CONDITIONING.
Operant conditioning refers to a situation in which positive reinforcements are used to provide positive behavior. In operant conditioning, behavior is controlled by consequences. In the question given above, the positive reinforcement is the integration of the employees into profit sharing plan and the behavior that resulted from this is the significant increase in productivity.
4 0
3 years ago
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