Question florida federal held a mortgage on property owned, Ask an Expert

Management Studies

Question: Florida Federal held a mortgage on property owned by Summa Investing Corp. Florida Federal told Summa if it did not pay the $2,505 it owed by April 2 by certified or cashier's check, the entire debt plus collection costs and additional interest would be due. No funds were received by April 2, so Florida Federal began foreclosure proceedings.

Summa then tendered an ordinary check for $3,032. Florida Federal returned the check, saying the amount was now $4,373 and the funds must be certified. Summa sent another ordinary check, which was returned. Did Florida Federal reject a valid tender?

View complete question

Management Theories, Management Studies

Category:- Management Theories
Reference No.:- M92280396

Have any Question?Write your Review or question?

Related Questions in Management Theories

54 of public high school students are provided a computer

54% of public high school students are provided a computer by their school district. 40 students are selected at random. The random variable represents the number of students who have been provided a computer by their sc ...

What is the difference between a linear quadratic and cubic

What is the difference between a linear, quadratic, and cubic regression analysis? Please provide a reference.

Questionwrite a paper of 1000-1500 words that addresses the

Question: Write a paper of 1,000-1,500 words that addresses the following: 1. Discuss two or three of the major shifts that have occurred in managerial theories and concepts pertaining to the evolution of human resources ...

Archetypes in actionsenge ross smith roberts amp kleiner

Archetypes in Action Senge, Ross, Smith, Roberts, & Kleiner (1994) noted: At its broadest level, systems thinking encompasses a large and fairly amorphous body of methods, tools, and principles, all oriented to looking a ...

Seek out at least three individuals within your sphere of

Seek out at least three individuals within your sphere of influence and ask the following: What does workplace stress feel like to you? What activities or actions do you or your organization initiate to reduce workplace ...

Business research assignments -assessment 1 - literature

Business Research Assignments - Assessment 1 - Literature Review (2000 to 2500 words) For this assessment, students are expected to demonstrate their understanding of the extant, academic literature related to an approve ...

Questionthe class examined the joint commissions framework

Question: The class examined the Joint Commission's framework for root cause analysis of sentinel incidents in health care organizations. For purposes of this project, a critical incident is a key occurrence, but it is n ...

What is the result of a price ceiling and why do some

What is the result of a price ceiling? And why do some consumers tend to favor price ceilings and others tend to oppose it?

Show your work i already have my own answer and am trying

Show your work! I already have my own answer, and am trying to compare for accuracy. Graph needs to be included. Most graduate schools of business require applicants for admission to take the GMAT, the Graduate Managemen ...

Question - choose a product or technology interview five

Question - Choose a product or technology. Interview five consumers who buy that product and ask them what major problems they have with the product (or what major things they dislike about it). Then ask them to describe ...

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

Recent Questions

Ask Management Theories Expert