Sharp Finance Company Has Furnished Carl with Some Pre-Printed Forms

question 24

Essay

Sharp Finance Company has furnished Carl with some pre-printed forms for customers to sign to finance repairs on their homes.After the customers sign the notes naming Carl as the payee, he sells them to Sharp Finance.Sometimes Carl is busy and does a poor job on the homes so he can get on to the next job.When customers complain, he says he'll get around to it.If the customers don't pay the note, Sharp Finance sues them.Can the customers use the defenses they have against Carl against Sharp Finance? Explain what law or laws apply to this situation.

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Definitions:

Active Listening

The process of fully concentrating, understanding, responding, and then remembering what is being said.

Intransigence

The refusal to change one's views or to agree about something, often leading to deadlock in negotiations or discussions.

Distributive Bargaining

A negotiation strategy focused on dividing a fixed amount of resources, often resulting in a win-lose scenario.

Superordinate Goals

Objectives that are prioritized above individual goals, often used to unite conflicting parties towards a common cause.