1 page financial advise due in 3 hours

I Need expert advice in 3 hours

 Instructions:
Written Assignment #2:  Recall that Kyle and his family own a successful produce business near Whitehouse, AL, close to Hamilton.  Their produce (fresh and canned vegetables, fruits, etc.) is sold under their own label, Alabama Sunshine.    Kyle likes the small town environment of Fayette where business is usually done with a phone call or a handshake.  Unfortunately, Kyle is a bit too trusting, assuming that all people are as honest as he is, or tries to be.

Having received the $20,000 deposit from Alabama Best Foods (recall WA1), Kyle decided that the family’s roadside market needed something to draw attention to it, like a scene painted on the front wall.   Kyle saw an ad by Pai Casso, a local painter and contacted Pai about painting the scene.  Pai agreed to do the painting for $5,000.  Unfortunately, Pai, who never intended to paint the market but only intended to take Kyle’s money, had a reputation for not starting painting commissions or starting the work but never finishing as he had done this to several other businesses in nearby Winston County.  Pai even got his friend, James Bama, to talk with Kyle about how competent Pai was, and to explain that Kyle should not be concerned about paying Pai a commission in advance.  Upon his advice, Kyle wrote Pai a $3,000 check one week before he was to start the job.  Pai transferred the check to Clyde Caldwell in exchange for Clyde’s 1995 Ford Windstar van, which was worth $2,800.  Before Clyde had a chance to deposit the check, the local Winfield newspaper ran several news stories about Pai and the fraud that he had committed.  Clyde transferred the check to Bama, who then transferred it to Sal Dali.  Bama gave Clyde value for the check, and Dali gave Bama value.  Kyle was unaware of these transactions and had not read the stories about Pai in the local paper.

Putting any problems with Pai out of his mind, Kyle liked the idea of upgrading the family market and decided to purchase some computer equipment from Floppy Computer Services (FCS).  Kyle worked out the details with FCS; however, when the FCS’ technician arrived to install the equipment, Kyle realized that he was out of checks, having written the last one to Pai.  He needed to pay for the equipment and installation so he found a check that was drawn “payable to Kyle, in trust for Nancy.”  Nancy is Kyle’s minor niece who periodically receives disbursements from a trust fund and Kyle is her guardian.  Kyle, wanting to get the equipment installed, indorsed the check to FCS in payment for the computer equipment and installation costs.  FCS accepted the check as indorsed and completed the installation.

Kyle knew that his computer skills were lacking and that installation of the new computer system can have glitches and would involve a learning curve, especially for Kyle and his family to get up-to-speed.  Egbert has a business in which he consults with small businesses.  Kyle contracted with Egbert to daily stop by and check on the new system, answering any questions about its operation.  Since Egbert charges by the hour and since Kyle intends to take a few days off back down at Gulf Shores, AL (to celebrate his contract with Alabama Best Food.), Kyle gave Egbert a signed check with the amount blank for Egbert to fill in based on $100/hour.  Actually, Kyle left the check on top of the computer just before he headed to Gulf Shores.  Kyle also had a check on top of the computer that had the amount of $500 filled in, but no payee and no signature.  Egbert got greedy and took the check, converting the $500 to $5,000 and signed Kyle’s name.  Then Egbert filled out the check that Kyle had given him in the amount of $4,000, rather than the $200 he had earned at $100/hour.  Egbert transferred both checks to Freddy, a holder in due course, who is now seeking payment from Kyle.

Three months have passed since Kyle wrote Pai Casso the $3,000 advance check and, as of yet, no paint has been applied to the roadside market.  Kyle is aware of the transfer of his check from Pai to Clyde to Bama and then to Dali.  He is also concerned about the check that he gave FCS.  And, now he is being contacted by Freddy.  Since Kyle knows that you are knowledgeable in the finer points of negotiable instruments, he comes to you for guidance on these situations. 

Get 20% Discount on This Paper
Pages (550 words)
Approximate price: -

Try it now!

Get 20% Discount on This Paper

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

Custom Writings Help is a Quality-Oriented Company in Online Writing as a result of hiring exceptional professionals to execute clients' tasks.

Essays

Research Papers

At Custom Writings Help,We understand the struggle of research paper writing, and that is why at Custom WritingS Help, we are all out to help you. We pride ourselves on having a team of clinical writers. The stringent and rigorous vetting process ensures that only the 'BEST' Writers are chosen for the job. We have highly qualified Ph.D. and MA writers working with us; we equally offer these experienced writers specific bonuses and incentives to make them deliver highly original, unique, and informative content at reasonably low prices.

Admissions

Thesis Writing Service

Worlwide, Many Masters Students are struggling with Thesis Completion. A thesis is likely to be the longest and most challenging piece of work a student has ever completed. However, unlike essays and other assignments, a student can pick a particular interest topic and work on their initiative. Fortunately, we are there for you. At Custom Writings Help, you are assured of an authentic, imaginative, informative, linguistically great, and advantageous thesis that adheres to all your needs. So, why continue considering different writers when you have discovered the best in the field?

Editing

Custom Papers

Not a single student can avoid writing custom papers. However, a total lack of experience, skills, and time makes it very hard to produce a superb writing piece. Therefore, if you are seeking professional help, turn to us. Our specialized and experienced writers compose a variety of model papers, including custom essays, college term papers, research papers, book reports, MBA essays, executive summaries, dissertations, Ph.D. theses, admission essays, and research proposals for college and university students at any level.

Coursework

Essay Writing

Most of the students disregard the critical principles of essay writing and compose papers below sensible guidelines. Therefore, with Custom Writings Help, one should not worry about his/her essay. Our Writers compose informative and engaging content on all complexities and topics. We write meaningful and smart essays while prioritizing all aspects that bring about a good grade, such as impeccable grammar, proper structure, zero-plagiarism, and conformance to guidelines.

Coursework

Coourse Work Writing

Don't let the seemingly never-ending onslaught of writing assignments get you down. If you are looking where to get course work assistance online, the writers at Custom Writings Help are here to assist you with all of your writing needs. We undertake to unique delivery of papers that meet the professor's requirements. The content is proofread, edited, and checked plagiarism before submission to customers. No matter how big or small your work is, we will deliver on time. Try US Now! !

Coursework

Dissertation Writing Service

High-Quality Dissertation Writing Services are rare. They require Ph.D. academicians – not easily found. However, are an exception. The years, time, and resources we have invested in the dissertation world has given us a competitive advantage over others. Choose to come to Custom Writings Help; You will find perfect Ph.D. consultants who have written hundreds of dissertations theses ready to help you. Let our dissertation-writing services help you craft your dissertation, for you are assured we will give you the results.

Open chat