Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. jill sold her car to jake who issued a post-dated

Jill sold her car to Jake who issued a post-dated check in full payment of...

70.2K

Verified Solution

Question

Accounting

Jill sold her car to Jake who issued a post-dated check in full payment of the agreed price. Before the check matures, Jake sold the same car to John who later sold it to Willie. However, when Jill presented the check for payment, it was dishonored by the drawee bank for the reason that Jake had already closed his account even before he issued his check. Jill filed a case to recover the car from Warren claiming that she had been unlawfully deprived of it by reason of Jakes deception. Will the suit prosper? Why or why not? Explain your answer. Please include the applicable articles.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A social science researcher collected data from a random sample of 400 students at a large...

Statistics
Q

(a) Calculate the percent ionization of 0.00710 M butanoic acid (Ka = 1.5e-05). % ionization =...

Chemistry
Q

Cite two advantages and two disadvantages of hot working and cold working notincluding from altering the...

Civil Engineering
Q

How does cyanide poisoning relate to respiration? limit to 1 paragraph

Biology
Q

5 Find the measure of angle one in each triangle Explain your reasoillg 35 M...

Geometry
Q

the amount of time it takes a mechanic to rebuild the transmission for a 2010...

Statistics
Q

roverby bise docratses through ret losses

Accounting
Q

How much of St. Judes revenue is from patient services

Accounting
Q

3. Using the average revenue per subscriber for 2017 and Excel's Solver add-in function, estimate...

Accounting
Q

Jerry Company has the following costs: Factory rent $5,000 Direct labor $10,000 Indirect materials $2,000...

Accounting
Q

Relevant Cost Terms: Matching Astel&Kern produces three different versions of high-quality portable digital music players,...

Accounting
Q

please show Excel formulas 1 KIS ? Calculating interest rates - Excel FILE...

Finance