(SOLVED) Pacific Coast Fisheries Corporation issued more

than 5 percent of
Pacific Coast Fisheries Corporation issued more than 5 percent of its public shares to Fujian
Pelagic Fishery Group Company under the laws of the state of Washington. Fujian did not pay
cash for the shares, instead issuing to Pacific Coast a promissory note committing it to pay in
the future […]

REIS, Inc., owns, constructs, and manages 25 shopping malls throughout the United States and
Canada. REIS is concerned that the failure of any one mall will be a substantial financial loss
that will cause the entire business to fail. What parent-subsidiary structure do you recommend
REIS, Inc., create to solve […]

The National Collegiate Athletic Association (NCAA) is a corporation organized in the State of
Indiana. The NCAA conducts several championship events throughout the United States. The
2014 Men’s Basketball Final Four will be held at Cowboys Stadium in Texas. The NCAA has
contracted to lease Cowboys Stadium for two weeks […]

Catherine Creteau and her husband contracted with a travel agency, Liberty Travel, Inc., to
arrange a trip to Jamaica. While staying in Jamaica in accommodations arranged by Liberty
Travel, they were robbed at gunpoint. The Creteaus alleged that Liberty Travel either knew of
safety issues with the accommodations or such […]

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J. E. B. Steward received a check in the amount of $185.48 in payment of a fee from a client.
Stewart presented the check, properly indorsed, to the Citizen’s & Southern Bank. The bank
refused to cash the check even though there were sufficient funds in the drawer’s account.
Stewart […]

A check was drawn on First National Bank and made payable to Howard. It came into the
possession of Carson, who forged Howard’s indorsement and cashed it at Merchant’s Bank.
Merchant’s Bank then indorsed it and collected payment from First National. Assuming that
Carson is nowhere to be found, who […]

Terance Fitzgerald drew a check for $4,000 payable to New Look Auto Trim and Upholstery and
delivered it to Yuvonne Goss and Benii Arrazza, the owners of New Look. Goss and Arrazza
each indorsed the check in blank and deposited it in Goss’s personal account at the Cincinnati
Central Credit […]

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