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Category: Business
Do you agree that a franchise relationship should under certain circumstances be treated as an agency relationship? Explain.
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Category: Business
Explain whether there is any way in which FedEx could restructure the Operating Agreement to avoid the conclusions reached by the court in this case?
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Category: Business
Bank customer Aliaga Medical Center (Aliaga) opened a checking account with Harris Bank. Aliaga issued a $50,000 check, which bore the notation "void after 90 days." More than 90 days after the check was issued, Harris honored the check. Aliaga now seeks reimbursement from Harris, claiming that the notation served as a stop payment order after the ...
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Category: Business
Advanced Alloys, Inc., issued a check in the amount of $2,500 to Sergeant Steel Corporation. The check was presented for payment fourteen months later to the Chase Manhattan Bank, which made payment on the check and charged Advanced Alloys's account. Can Advanced Alloys recover the payment made on the check? Why or why not?
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Category: Business
On November 9, Jane Jones writes a check for $500 payable to Ralph Rodgers in payment for goods to be received later in the month. Before the close of business on November 9, Jane notifies the bank by telephone to stop payment on the check. On December 19, Ralph gives the check to Bill Briggs for value and without notice. On December 20, Bill depos...
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