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Please help me with this assignment. Please look at the attachment for more information and do it for me. https://serc.carleton.edu/sp/mnstep/activities/27600.html Part 2: Due XXXXXXXXXXThis part is...

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Please help me with this assignment.




Please look at the attachment for more information and do it for me.






https://serc.carleton.edu/sp/mnstep/activities/27600.html







Part 2: Due XXXXXXXXXXThis part is due next week, please.


The UCC is a comprehensive set of laws governing all commercial transactions in the United States, including contracts between businesses and between businesses and consumers. While it is not federal law, it is a model regulation that most states have uniformly adopted. Uniformity of law is essential in this area to smooth interstate business transactions. Because the UCC has been universally adopted, businesses can enter into contracts with confidence that the courts in every state will enforce the terms in the same way. In this assignment, you will examine a legal case and apply UCC Article 3 to address contract law questions.


Preparation



  • ReadAuto-Owners Ins—Co. v. Bank OneLinks to an external site.



    • This assignment is based on this case.


    • Note: A case summary can be found in this week's assigned textbook reading, but you should read the entire case.



  • Review relevant elements ofU.C.C. § XXXXXXXXXXArticle 3. Negotiable Instruments: Part 4. Liability of Parties.

    • It's essential to complete this assignment.




Instructions


Consider the Auto-Owners Insurance Co. v. Bank One case and apply areas of the UCC to complete each of the following in three pages:



  1. Could you make a supported determination if Wulf or the bank has a lack of the burden of p ordinary care on the part of his bank?

  2. Analyze how the outcome or opinion might have changed if Wulf had managed his account electronically rather than manually. Include specific examples and direct citations from the UCC.

  3. Based on your understanding of the UCC Article 3, Part 4, recommend three practical steps that Auto-Owners should have taken to prevent such internal fraud.


Be sure your assignment meets the following requirements:



  • Three pages in length.

  • A minimum of four citations from the UCC or other appropriate sources.

  • No special formatting is required for the report, but it should be professionally composed and presented and adhere to Strayer Writing Standards.




Answered Same Day Nov 04, 2023

Solution

Dr Shweta answered on Nov 05 2023
21 Votes
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