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Sam purchased a bike from ABC Bike Company. Sam gave the bike company a check...

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Accounting

Sam purchased a bike from ABC Bike Company. Sam gave the bike company a check for $400, the price of the bike. ABC negotiates the check to Atlantic Electric , who takes the check in good faith, for value and without notice of a claim or defense. Sam later discovers that ABC delivered the wrong bike to him and refuses to honor the check. In a conflict between Sam and Atlantic Electric, who wins? Why?

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