Examlex

Solved

Sally Has a Note from Alice for $1,000 for the Sale

question 119

Essay

Sally has a note from Alice for $1,000 for the sale of a personal watercraft that Alice did not pay when due.Alice told Sally that she did not plan to pay at all because the watercraft has never worked right and that she has been stranded more than once in the middle of the lake.Alice accused Sally of intentionally misrepresenting the condition of the watercraft.Sally talks Bill into buying the note for $800.Sally tells Bill that Alice did not pay when the note was due and about her other complaints.Sally tells Bill that,nevertheless,he should not be concerned because Alice cannot assert any defenses against him.Is Sally right,and why or why not?


Definitions:

Environmental Impact Statement

A document that outlines the potential environmental effects of proposed projects, required for government approval in many nations.

NEPA

The National Environmental Policy Act, a US law that mandates federal agencies to assess the environmental effects of their proposed actions prior to making decisions.

Federal Legislation

Laws enacted by the national government of a federal state, which apply across the entire country.

EPA

The Environmental Protection Agency, an agency of the U.S. federal government tasked with protecting human health and the environment by enforcing regulations based on laws passed by Congress.

Related Questions