Question

you must write a 2 to 3-page memorandum discussing the likely outcome and the legal issues...

you must write a 2 to 3-page memorandum discussing the likely outcome and the legal issues raised by the case of Maggie Grimes

In the morning of November 1st, Maggie Grimes wrote a check for $1,000.00 payable to “cash.” She put it in her purse and drove over to the supermarket to do some groceries, after the supermarket she planned on going to the bank to cash the check. While at the supermarket Maggie’s cellphone rings, she looks inside her purse, takes out her cellphone, while she is taking it out, and unbeknownst to her, the check she wrote earlier fell out of her purse. Maggie continues doing groceries without realizing anything about the check. Glenn, who was also doing groceries, walks through the aisle that Maggie was just in, sees the check on the floor, and puts it in his pocket. Glenn owes Carol $1,000.00, so he decides he is going to use the check he must pay off his debt to Carol. Glenn gives the check to Carol, Carol endorses the check on the back as follows: For deposit only, [Signed] Carol Judith, and deposits it into her bank account. The following legal issues are now brought up:

0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
you must write a 2 to 3-page memorandum discussing the likely outcome and the legal issues...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • I nedd to find five (5) cases / court opinions that are similar to the case...

    I nedd to find five (5) cases / court opinions that are similar to the case and issues below. Please note, that in order to receive credit for this assignment you must provide the case title and citation for every one of the five (5) case you find. In the morning of November 1st, Maggie Grimes wrote a check for $1,000.00 payable to “cash.” She put it in her purse, and drove over to the supermarket to do some groceries,...

  • internal project 1 anything helps! thank you!! Instructions: Study the case that starts on page 3...

    internal project 1 anything helps! thank you!! Instructions: Study the case that starts on page 3 carefully. Then write concise answers to the following questions regarding the internal control system of Duarf, Inc. Clearly label your responses with proper headings and subheadings. Be very specific and precise. Answers that appear to be beating around the bush will not get any credit. 1. What are the controls in place that under normal conditions should function well to prevent embezzlements or frauds?...

  • Rush Inuit is an impulsive, fly-by-the-seat-of-his-pants kind of guy. His best friend, Stu Earley, is the...

    Rush Inuit is an impulsive, fly-by-the-seat-of-his-pants kind of guy. His best friend, Stu Earley, is the exact opposite – cautious and reluctant. The two are recent UNCG graduates who roomed together all … ahem … eight years. You know who they are even though they graduated last year because everyone on campus knows Rush and Stu – they’re legends on the social scene. To make ends meet during college, Rush and Stu organized fun trips to exciting destinations and charged...

  • Please read the article and answer about questions. You and the Law Business and law are...

    Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT