Hornbuckle purchased equipment from Continental Gin (CG) for $6,300. However, after some of the equipment proved defective, Hornbuckle sent CG a check for $4,000 marked "by endorsement this check is accepted in full payment," and CG endorsed and deposited the check. May CG force Hornbuckle to pay the remaining $2,300? Why?

Question

Iyana Rivers

Business

31 May, 07:17

Hornbuckle purchased equipment from Continental Gin (CG) for $6,300. However, after some of the equipment proved defective, Hornbuckle sent CG a check for $4,000 marked "by endorsement this check is accepted in full payment," and CG endorsed and deposited the check. May CG force Hornbuckle to pay the remaining $2,300? Why?

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Answers (1)

Know the Answer?

Chanel · Answer 1

No Continental Gin can not force Hornbuckle

Explanation:

given data

purchased equipment = $6,300

proved defective = $4,000

remaining = $2,300

to find out

May CG force Hornbuckle to pay the remaining

solution

according to statement we can say No Continental Gin can not force Hornbuckle to pay the remaining because when he get equipment and deposit money in to Continental Gin account that time he has no doubt or obligation by the payment

so if he have doubt now on payment, then he should have ask on that time when he endorsement this check is accepted in full payment