Question

The Uniform Commercial Code: Negotiable Instruments and Secured Transactions

Marvin Mower (MM) is a college student trying to earn a few extra bucks. Marvin mows yards on the side, and he cuts the lawn for Ursula Unhappy (UU). UU writes MM a document for his work. The document acknowledges MM performed work, and that UU owed MM $50. MM doesn’t have time to get to the bank, so MM gives the document to Tommy Thirdparty (TT), who pays him $40 for it. Predictably, before TT can try to recover $50, UU is unhappy with MM’s work, and refuses to pay TT. Keeping your “eye on the ball” (limiting your post to this week’s material), discuss all the possible rights and responsibilities these three have to each other concerning the check and the yard.

Answer 1

Answer:

All the potential rights and duties these three have to one another concerning the check and the yard as below

MM's privilege and Responsibility:

1. MM is the student, who has performed the work in the yard for lawn cutting, subsequently, he has the right to get compensation against his work from UU.

2. MM's duty to get the installment from UU, according to UU's agreement. At first UU consent to pay MM for the lawn cutting work in her yard.

3. UU has already expressed her fulfillment for the work performed by MM, and composed a document, consequently, MM needs to seek for installment from UU for the work he had done.

4. MM's obligation to ensure that TT gets the installment from UU's check and UU can't turn around her check issues to MM and handed over to TT.

UU's rights and responsibility:

1. UU's right is to release installment to MM dependent on their understanding and compliance to the terms and conditions that they both had concurred for the lawn cutting work in her yard.

2. UU's obligation to discharge installment to MM post work completion and compliance of understanding terms and conditions.

3. UU has the right to hold the installment of the work in the event that it isn't finished according to their understanding. MM to finish the work according to understanding then UU will release the installment to UU.

TT's right and responsibility:

1. TT's privilege is to get the check cleared in his record as he has paid to MM.

2. TT's responsibility is to get the installment from UU with the help of MM. MM to help. TT with getting his installment cleared from UU's check.

3. TT’s responsibility is to get back his $40 paid to MM, if UU does not issue a check for $50 to MM and gave over to TT.