UPPER BA302 Business Law and Ethics Week 5 Discussion

UPPER BA302 Business Law and Ethics Week 5 Discussion

DQ1 How does the “buyer in the ordinary course” designation and its application affect national commerce?  Is the influence positive or negative?  Why?

DQ2 Does your state have a “lemon law”?  If so, what are the requirements to trigger its application?  Do you think that those requirements are too lenient or too strict from the perspective of a potential claimant? If not, what provisions would you place in a “lemon law” for your state?

DQ3 What pro-active steps should be taken by a business to minimize the risk of a forged indorsement or a forged signature? How cautious should financial institutions be required to be without unduly impeding the global flow of money and, potentially, triggering economic collapse?