Microeonomics Essay Example | Topics and Well Written Essays - 1250 words

Microeonomics - Essay Example ompany is working as a private firm and enters into research process in the commercial, corporate and business areas for various manufacturing organizations as their marketing partners and business promoters, and gives them suggestions after conducting a comprehensive research procedure according to the demand curve on the one hand, and the directions and requirements of the client companies on the other. The company has hired the services of three hundred and fifty personnel working at various positions and departments of the company. The companys board of directors consists of seven members working under the dynamic leadership of the chief executive of the company. The main departments include qualitative research, quantitative research, finance and accounts department, data encoding and analysis section, translation and customer care section, human resource management, technical and engineering section and marketing department; all of which are supervised by one director each. The company maintains organizations of national and international reputation as its wide range of clientele, which include Shell Petroleum, Petrochemicals and others. All these companies have sound faith in our company and the alternative fuel generation which have helped in the enhancement of their business and sales volume. Cellulosic feedstocks have many advantages over using corn to produce ethanol. Because cellulosic crops are not used for food, there is inherently less price volatility. And because a wide variety of crops can be used, they can be grown in a wide variety of geographic locations--even on marginal lands--and can, therefore, be more abundant. Plus, with certain crops, more ethanol can be produced per acre than can be made with corn. (Hodge, 2007) Since alternative energy resources generation is in its budding, but is becoming very popular in this country, there are working only few companies in such category. Hence, there is a state of monopolistic competition regarding

Holder in Due Course Case Study Example | Topics and Well Written Essays - 1250 words - 47

Holder in Due Course - Case Study Example In the case study, Talcott sent a check for $5700 on January 15th to Guarino, who presented it to Stuart Any Kind Store for cash. In this case, Guarino was the holder or bearer of the check. Upon confirmation of the validity of the check from the drawer, the check was approved for cashing of $5700 check. Any Kind cashed the Guarino’s check after deducting the service fee of 3 percent or a value equivalent to $171. In order for the holder to qualify as the holder in due course, they must have obtained the instrument in good faith (Mann & Roberts, 2013). In this case, Any Kind Store became the holder in due course of the $5700 check after paying the value of the check to the holder. Any Kind Store was the proprietor of a negotiable instrument which they had taken for value and in good faith. They had given a consideration equivalent to the face value of the check less a 3% discount charges to the holder of the check in accordance with the requirements for the holder in due cours e. When Guarino presented the second check for cashing to Any Kind Stores, the accountant called upon the person who had approved the first check in order to approve for the payment. They called Talcott the drawer to confirm the validity of the check. The drawer approved the $5,700 check for payment after which Any Kind cashed for the holder. In this regard, Any Kind became the holder in due course since they had exercised appropriate care to ensure the check was valid and without defect. However, they did not make an inquiry to about the validity of the $10,000 check of which they had already cashed for Guarino.