Reply to the teacher and the students based on what

FIND A SOLUTION AT Academic Writers Bay

reply to the students and what the teachers asked me

 

Here is the main question

For this week’s discussion, post a response to the following case study:

Madeline wrote out a check to Gardner for some remodeling work, including new windows on her house. The day after writing out the check there was a rainstorm. Every new window leaked. Furious, Madeline called her bank and ordered it to stop payment on the check. Two weeks later Madeline wrote a letter to the bank confirming the stop payment order, and mailed it. 

It took three days for the bank to get the letter, and during that time Gardner presented the check at the bank, and the bank paid it. Do you believe that Madeline should have any recourse against the bank? Why or why not?

Explain your answer fully and, where appropriate, incorporate material from this week’s readings to help support your answer.

 

 

This is what i wrote

 

My thought is Madeline had plenty of reason to recourse against the bank. She told them directly to stop payment of the check to the window company. As a person who could go through this I see it as wrong but it doesn’t mean that it is. My experiences in the Army I do question it a little because bank transactions do not always occur right away. Sometimes when I put a transaction in it can take over two pay cycles to get it where it should be. After doing some research I was looking at chase bank policy. I quote it says  “To stop payment on a check, you must give us an oral or written stop payment order using the phone number or address listed on the back cover, or in person at a branch, or by making an electronic stop payment order through online banking. You must give us the exact account number, and either the exact check number(s) or amount, so we can identify the item. Generally, upon receipt of the stop payment instructions, your request will be processed immediately.” This is why I would also look into the bank policy and the bank she is with because if she signed something saying that a transaction may take over a pay cycle she has know one to blame but herself. This is why it is important to read what you sign before you sign it.    

 

Now based on what i wrote the teacher wrote

 

How would you further describe the liability on the part of the bank? What would be the facts you would need in order to support this?

What are your thoughts?

What would be the other course materials you would need support this?

 

Repsond to the teacher based on what i wrote

 

 

 

Here is what a student wrote

Madeline’s oral stop payment notice was valid for 14 days. Had she written and sent her stop payment notice within that 14 days she would have recourse with the bank. However, since her written stop payment was not processed until 17 days later there was a window of opportunity for the check to clear. Fortunately for Gardner, the check was cleared during this window. Madeline’s recourse is to return to Gardner and review the contract between them for the work.

 

Respond to this student based on the main question

 

 

 

 

 

 

 

“CUSTOM PAPER”
Order from Academic Writers Bay
Best Custom Essay Writing Services

QUALITY: 100% ORIGINAL PAPER NO PLAGIARISM – CUSTOM PAPER

Why Choose Us?

  • 100% non-plagiarized Papers
  • 24/7 /365 Service Available
  • Affordable Prices
  • Any Paper, Urgency, and Subject
  • Will complete your papers in 6 hours
  • On-time Delivery
  • Money-back and Privacy guarantees
  • Unlimited Amendments upon request
  • Satisfaction guarantee
SATISFACTION

How It Works

  • Click on the “Place Your Order” tab at the top menu or “Order Now” icon at the bottom and a new page will appear with an order form to be filled.
  • Fill in your paper’s requirements in the “PAPER DETAILS” section.
  • Fill in your paper’s academic level, deadline, and the required number of pages from the drop-down menus.
  • Click “CREATE ACCOUNT & SIGN IN” to enter your registration details and get an account with us for record-keeping and then, click on “PROCEED TO CHECKOUT” at the bottom of the page.
  • From there, the payment sections will show, follow the guided payment process and your order will be available for our writing team to work on it.

About AcademicWritersBay.com

AcademicWritersBay.com is an easy-to-use and reliable service that is ready to assist you with your papers 24/7/ 365days a year. 99% of our customers are happy with their papers. Our team is efficient and will always tackle your essay needs comprehensively assuring you of excellent results. Feel free to ask them anything concerning your essay demands or Order.

AcademicWritersBay.com is a private company that offers academic support and assistance to students at all levels. Our mission is to provide proficient and high quality academic services to our highly esteemed clients. AcademicWritersBay.com is equipped with competent and proficient writers to tackle all types of your academic needs, and provide you with excellent results. Most of our writers are holders of master’s degrees or PhDs, which is an surety of excellent results to our clients. We provide assistance to students all over the world.
We provide high quality term papers, research papers, essays, proposals, theses and many others. At AcademicWritersBay.com, you can be sure of excellent grades in your assignments and final exams.

NO PLAGIARISM

error: Content is protected !!