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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago, 1 Day Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Rice and Campbell were doing business as partners. They entered into an agreement with Travelers to write money orders. The partnership sold some of the money orders but failed to send the money to Travelers. To secure the debt, the partnership gave a promissory note to Travelers, with a guaranty by Campbell. When the note wasn’t paid, Travelers sued both partners. Rice claimed that he was liable only if Campbell didn’t pay. Was Rice correct? (Rice v. Travelers Express Company, Tex. 407 S.W.2d 534)
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