Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

An American commodity broker contracted with a Cuban corporation largely owned by United States residents to buy Cuban sugar. Thereafter, subsequent to the United States Government's reduction of the Cuban sugar quota, the Cuban Government expropriated the corporation's property and rights. To secure consent for shipment of the sugar, the broker, by a new contract, agreed to make payment for the sugar to a Cuban instrumentality which thereafter assigned the bills of lading to petitioner, another Cuban instrumentality, and petitioner instructed its agent in New York to deliver to the broker the bills of lading and sight draft in return for payment. The broker accepted the documents, received payment for the sugar from its customer, but refused to deliver the proceeds to petitioner's agent. Petitioner brought this action for conversion of the bills of lading to recover payment from the broker and to enjoin from exercising dominion over the proceeds a receiver who had been appointed by a state court to protect the New York assets of the corporation. What was the result of the suit and why? Please provide the references.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91980215

Have any Question?


Related Questions in Operation Management

1 in a paragraph using your own words describe what a

1. In a paragraph using your own words, describe what a quality culture is and how you will know when one exists in an organization? 2. Discuss the value of social data for marketers. 3. Name two attributes of a democrat ...

1 all of the following may be types of things to observe in

1. All of the following may be types of things to observe in the field EXCEPT? a. The environment b. Opinions c. Behaviors and actions d. Acts 2. Method of studying social behavior with out the problem of reactivity with ...

Assignment objectivesassess the classes of people protected

Assignment Objectives Assess the classes of people protected by current employment law Assess the various theories underlying workplace protection Construct and discuss preemptive management strategies that respond to th ...

Assignmentwhat are the most important skills for the

Assignment What are the most important skills for the applicant to have? Whom would you hire: Shawn or Elizabeth? Why? In what areas will Katie need to provide training for this new person? Attachment:- Case Study.rar

The valvemaker corporation is owned by vinnie valvemaker it

The Valvemaker Corporation is owned by Vinnie Valvemaker. It makes valves. His business has been making valves since the 1920s, having been founded by his grandfather Vernon Valvemaker. Vinnie's mother Veronica Valvemake ...

Braintrust toys is a toy maker that has as its mission

Braintrust Toys is a toy maker that has as its mission, “Our purpose is to expand the minds of children 1 month–100 years old.” Currently they use a product development strategy, but believe that maybe they need to orien ...

Assignmentebay is one of the biggest online auctioning

Assignment eBay is one of the biggest online auctioning companies in the world. Buyers and sellers of all types are able to hop online, put up something for sale, and sell it! Basically, the way it works is that you find ...

Adopting and implementing a policy governance model

"Adopting and Implementing a Policy Governance Model" discusses the mergers of two hospitals with different philosophies of governance. Compare the two philosophies of governance. Explain why the CEO suggested starting w ...

Ecr in the ukdutchman paul polman now ceo of unilever did a

ECR in the UK Dutchman Paul Polman, now CEO of Unilever, did a stint as General Manager of Procter & Gamble UK and Eire from 1995 to 1999. While admiring the UK’s advanced retailing systems, he saw opportunities for all ...

Suppose you work for an online sporting goods retailer

Suppose you work for an online sporting goods retailer. You’ve been hired as a business analyst with the task of increasing sales. Describe how you could use RFM and market-basket analysis to increase the sales of sporti ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As