Video 11 In this video a Wizard Internet is attempting to use the method of framing to link to another website (Sudies, 2004). The question is whether there is a legal issue to consider. If there is a legal issue, should Wizard Internet get permission to use another website? Firms have a right to protect their information, trademarks, and copyrighted material. Just because information is publically available doesn’t automatically release these protections. Framing is when one website uses another website in the background (Stim). It is similar to a picture in picture on a television (Stim). Since the original website is modified then there is potential for a lawsuit. Futuredontics Inc. v. Applied Anagramic Inc was one such case (Stim).
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The question is whether or not the bank will except the note for collateral for a loan. In this case we find the most banks will not accept the note due to issues that could complicate the payout of the note. When a bank loans money it wants to guarantee the money will be paid back (with interest). There are many factors which could prevent the note from being paid. If the quality of work is substandard, time lines are not met, or numerous other unforeseen issues could breach the contract and payment could be delayed or denied (Miller, 2014).
Video 33
In video 33 we find a company that took out a loan to purchase computer equipment (Sudies, 2004). In the loan paperwork collateral was not establish. Miller (2014) describes collateral as a ”promises to answer for the debt or duty of another and promises by the administrator or executor of an estate to pay a debt” (p.295). However, the loan paperwork does refer to another document which links the computer as security interest for the loan. The question is whether or not can collect the computer as collateral for default of the
The question is whether or not the bank will except the note for collateral for a loan. In this case we find the most banks will not accept the note due to issues that could complicate the payout of the note. When a bank loans money it wants to guarantee the money will be paid back (with interest). There are many factors which could prevent the note from being paid. If the quality of work is substandard, time lines are not met, or numerous other unforeseen issues could breach the contract and payment could be delayed or denied (Miller, 2014).
Video 33
In video 33 we find a company that took out a loan to purchase computer equipment (Sudies, 2004). In the loan paperwork collateral was not establish. Miller (2014) describes collateral as a ”promises to answer for the debt or duty of another and promises by the administrator or executor of an estate to pay a debt” (p.295). However, the loan paperwork does refer to another document which links the computer as security interest for the loan. The question is whether or not can collect the computer as collateral for default of the