In March, Nigel agrees to sell manufactured goods to Marilyn, who agrees to pay for the goods by a promissory note, payable in s

Question

3 years ago

9

In March, Nigel agrees to sell manufactured goods to Marilyn, who agrees to pay for the goods by a promissory note, payable in s

ix (6) months ("Note"). The goods arrive at Marilyn's store, and she sends the signed Note to Nigel. Nigel immediately sells the Note to Carl for value. It turns out that the goods are not well made and fall apart after a few uses. Marilyn's customers start returning the goods to her; and when the Note is due, Marilyn refuses to pay Carl.

Business

1 answer:

Brilliant_brown [7] · Answer 1 · 2022-04-18T00:15:55+03:00

Answer:

Marilyn take a good decision.

Explanation:

Marilyn refuses to pay Carl because Marilyn did not sell any goods due to its bad quality so Marilyn earn no money and is unable to pay Carl. Marilyn will be able to pay Carl if the goods are sold and she has the money but when there is no sale at all, Marilyn is unable to pay for the goods on the due time. Marilyn should return the goods to Nigel instead of paying money for it because these goods are useless and nobody will it at all.