Sam spade sold bart black goods on credit for 1000 spade, Ask an Expert

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Sam Spade sold Bart Black goods on credit for $1,000. Spade then assigned the account receivable to Arte Ashe. Black discovered that the goods were defective--and told Ashe they were worth only $300. Ashe demanded $1,000 from Black because, said he, he wasn't responsible for Spade's sale of defective goods. Could Ashe collect the $1,000?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92054831

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