Examlex
Acme Engineering needed cash and assigned a block of its accounts receivable to Wellington Finance Company.A week later,it assigned another block to Bagot Finance Company.By an oversight,the second block contained an account,a receivable from Smith,that Acme had already assigned to Wellington.The notice of assignment from Bagot arrived at the Smith offices before that of Wellington.Smith should pay against the demand of Bagot Co.
Same Outcome
Describes a situation where different actions or events lead to an identical result or conclusion.
Sanctions
Penalties imposed by governments or organizations on individuals, companies, or countries to encourage compliance with laws or regulations.
Maintaining Good Will
entails fostering positive relationships and perceptions among individuals or groups, often critical for successful long-term interactions or negotiations.
Undesirable Features
Aspects or characteristics of a situation, agreement, or product that are not favorable or appealing.
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