Management Homework Help

edward gives a check to fund investments to buy 100 shares of stock in gr8 tech tech corporation. the price of the

edward gives a check to fund investments to buy 100 shares of stock in gr8 tech tech corporation. the price of the

shares is contantly fluctauting. fund investment ask edward to leave the amount of the check blank and allow it to fill the price when making the purchase. edward agree. funds investments buys the stock when the price is $4000 but fills in the check for $5000 . the check is negotiated as payment for $5000 debt to hasty accounting services, which takes over the check in good faith and without notice of fund investments act. hasty later learns that fund investment was not authrozed to fill in the check for $1000 over the price. is hasty an hdc? if so for how much?

 
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