COMM 393 Chapter Notes -Punitive Damages, Remittance, Unconscionability

135 views2 pages
23 Sep 2014
School
Department
Course

Document Summary

A third party to this action, centennial management ltd. , maintained a debt obligation outstanding with the defendant that had yet to be repaid. The reason that this offer was made was in large part due to the closeness of universal and centennial, with the owners of both firms being from the same family. The defendant declined to accept this offer, and continued to hold centennial"s debts on its ledger without conducting any business with the plaintiff. By mistake, the plaintiff sent a cheque to the defendant meant for another firm, The defendant"s accountants immediately applied the funds to the credit of centennial"s account (which at that time stood at ,154. 46) for which they assumed the funds were meant for. When the plaintiff firm informed copeland that the funds were sent in error, copeland refused to repay the funds to universal.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents