Roy rand executed and delivered the following note to sue, Ask an Expert

Management Studies

Roy Rand executed and delivered the following note to Sue Sims: ‘‘Chicago, Illinois, June 1, 2010; I promise to pay to Sue Sims or bearer, on or before July 1, 2010, the sum of $7,000.

This note is given in consideration of Sims's transferring to the undersigned title to her 2002 Buick automobile. (signed) Roy Rand.'' Rand and Sims agreed that delivery of the car be deferred to July 1, 2010.

On June 15, Sims sold and delivered the note, without indorsement, to Karl Kaye for $6,200. What rights, if any, has Kaye acquired?

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92196628

Have any Question?Write your Review or question?

Related Questions in Business Management

Identify a leader that has used power and influence in a

Identify a leader that has used power and influence in a harmful way. Identify an additional leader who has used power and influence in a positive way. For both of these leaders, state your thoughts on their motives for ...

How does he the false of bait and advertising become

How does he the false of bait and advertising become problem in current and future healthcare facility?

What happens if wages and prices adjust very slowly in

What happens if wages and prices adjust very slowly in response to various shocks to the economy? Does this make business cycle, i.e. expansions and contractions in the economy, shorter or longer?

In light of the winners curse must winning bidders in

In light of the winner's curse, must winning bidders in auctions necessarily "lose" in the sense of paying more than the acquired firm (or product) is worth? What steps can bidders take to prosper in auctions and/or corp ...

When there is new management employees react in in a

When there is new management employees react in in a negative way sometimes,why? What can leaders do to avoid this skeptical reaction on the part of employees and ensure that the new vision/mission is embraced?

What type of data values are quantitative and the number of

What type of data values are quantitative and the number of values is finite or countable?

Can i get some help with thisis forward rate pricing rate

Can I Get some help with this. Is Forward Rate Pricing Rate Agreements.Useful for government contracting? Are they risky? Is it useful for planning a program?

Can you please tell me the difference in content between an

Can you please tell me the difference in content between an executive summary, an informative abstract, and an introduction?

List the three primary reasons that people become

List the three primary reasons that people become entrepreneurs and start their own firm.

Find the sample mean variance and standard deviation for

Find the sample mean, variance, and standard deviation. For the standard deviation, round your answer to the hundredths place. -8, -4, -2, 2, 3, 3

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 Business Management Expert