The Issues that Might Help AA Receive Payments Discussion

Discussion 12After receiving your MBA from Columbia College, you are a new
manager at Acme Asset Management (AA). Your boss comes to you
with some documents, and she asks you to process them.
AA has purchased several promissory notes from several retail stores.
Those retail stores offered credit cards to customers, and the stores
became payees on promissory notes.
AA has also purchased notes from financial institutions that have lent
money for people to buy real estate and vehicles. Some of the vehicle
buyers are private owners, and some of them are car dealerships. Some
of the real estate owners are homeowners, some are real estate
developers, and some are landlords. Some of the debt may be secured.
The makers of the notes refuse to pay. Explain to your boss all the
issues you see that might help AA get paid, and might prevent AA from
getting paid, for those notes.