Sounds funny. But it’s not.
Moore Equipment sells John Deere farming equipment in Chillicothe, Missouri. Moore sold Sholten a big tractor with a warranty on the drive train. Moore’s warranty to the buyer was backed by PRS, an insurance company. If Moore had to make the warranty good, PRS would pay Moore.
Sholten sold the tractor to Callen, with the warranty transferred to Callen. The tractor’s drive train failed and it was taken to another mechanic–not Moore– for repairs, and a claim was filed with PRS. PRS reviewed the claim and sent a check to Moore for nearly $20,000. Moore cashed the check. PRS notified Moore that the check was sent to Moore by mistake. Read the rest of this entry
Ozarks Law & Economy 