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Bob the Dentist Is Having Problems Collecting Amounts Due from His

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Essay

Bob the dentist is having problems collecting amounts due from his patients.He sells and assigns the rights to these amounts,called accounts receivables,to Collect Company.Bob notifies the patients who owe money to pay Collect Company instead of him.Many patients,however,do not want to bother with Collect Company and continue to send payments to Bob.Unfortunately,Bob spends these amounts and ends up going bankrupt because of poor office practices and some dental malpractice claims.Collect Company sues the patients who paid Bob assigned amounts after they were notified of the assignment.Those patients say that they do not want to pay twice and that they already paid Bob.They say it is not their fault that he is a crummy dentist.Who is legally right?


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Forum

A place, meeting, or medium where ideas and views on a particular issue can be exchanged.

Regional Trade Agreements

Treaties between two or more governments that agree on regional cooperation in trade policies and tariffs, aimed at reducing trade barriers and increasing trade between member countries.

Customs Unions

A type of trade agreement among a group of countries that allows free trade and a common external tariff.

Bilateral Free Trade Agreements

Trade agreements between two countries aimed at reducing or eliminating tariffs, import quotas, and preferences on most (if not all) goods and services traded between them.

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