CUNY Lehman College Negotiable Instruments and Secured Transactions Discussion.
Larry London (LL) buys a computer with his new store credit card at Greatest Get (GG). GG immediately sells the right to receive monthly payments from LL to a finance company, Friendly Finance (FF). Unfortunately for LL, the computer stops working three months after he purchased it. As GG won t return his calls regarding his broken PC, LL stops making payments. Long story short, all stakeholders (LL, GG, and FF) are fed up with each other s behavior; they all lawyer up.
You are LL s lawyer. For your initial post, explain to your client all the possible issues that help and hurt his or her chances of winning a potential lawsuit. Remember to keep your eye on the ball . For example, you may want to consider whether the parties have a negotiable instrument. If so, what kind? What defenses might there be on that instrument?
CUNY Lehman College Negotiable Instruments and Secured Transactions Discussion
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