Week 4 Discussion Post 12 Document

Kanewasinfactaholderinduecoursebecausehemeetallfour

requirements.Hereceivedpaymenthewasowedwiththe

understandingitwasworthwhathewasowed.Hehadnopartinthe

agreementbetweenGeraldandGerald'smotherandtookitasa

goodfaithtransaction.FinallytherewasnosignGerald'smother

gavehimthecheckunderduressorthatitwasfalsified.

ThisisacaseofGerald'smothertryingtogetoutofan

obligationshecommitted.HeractionswerenofaultofKane.Atthe

timeofthetransactionshebelievedshewasgettinghermoneyback

andrealizedshewasn'tafterthefact.IfshehadgivenKanecashshe

wouldn'thavebeenabletosueKaneforhermoneyback.Shepaida

debtanttriedtousealoopholethebankhadtooffertoescapeher

agreement.Whenyouwritesomeoneacheckitshouldbelikecash.

Apersonshouldbeboundtopayachecktheywritefromanethical

perspective.Sheshouldn'tgettochangehermindonapayment

becausehersonfoundhimselfinabind.

DynamicBusinessLawNancieKubasec5thedition