Essay
"Joe received a cheque from Sam for work he had done painting Sam's house, and Joe passed that cheque onto Harry. Harry took it, not knowing that the work done was defective. Because of the principle that an assignee of contractual rights is in no better position than an assignor, Harry would not be able to demand payment on that cheque from Sam." Discuss the accuracy of this statement.
Correct Answer:

Verified
It is incorrect. Negotiable instruments ...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q73: Damages as a remedy will not be
Q74: For a contract to be unconscionable, it
Q75: Which of the following is true with
Q76: Explain what is meant by the parol
Q77: A woman sought to set aside a
Q79: Which of the following is false with
Q80: Len's new secretary came in and asked
Q81: In which scenario will the court likely
Q82: Rules of interpretation are guidelines used by
Q83: Only when the misrepresentation is truly innocent