Coppersmith Executed and Delivered Negotiable Notes to the Payee, Charlene

question 44

Essay

Coppersmith executed and delivered negotiable notes to the payee, Charlene. The payee endorsed the notes to Whitehurst but did not deliver them. Instead, she kept the notes in her possession because she wanted to collect the interest during her life and wanted the endorsee to have the notes on her death. After Charlene's death, her executor, Cartwright, found the notes. Both Cartwright and Whitehurst sought to enforce the notes against Coppersmith. Who was entitled to do so?

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Definitions:

Paternalistic Nature

An approach or attitude in management in which an entity controls the needs of people in a manner similar to a father's relationship with his children, often by providing for them without giving them rights or responsibilities.

Employee Voice

The means by which workers express their opinions, grievances, and suggestions regarding workplace policies and practices.

Steel Industry

A sector of the economy focused on the production, processing, and sale of steel and steel products.

Unionize

The act of forming or joining a union to collectively bargain for improved working conditions, wages, and benefits.