Grove Hotel hired Fortas, an electrical contractor, and paid him with a promissory note for $3,400. The
Question:
Grove Hotel hired Fortas, an electrical contractor, and paid him with a promissory note for $3,400. The note stated that it was “with interest at prevailing bank rates.” Did the stipulation about interest rates affect the negotiability of the note?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
The stipulation about interest rates in the promissory note does not necessarily affect the negotiab...View the full answer
Answered By
Benish Ahmad
I'm a professional software engineer. I'm lectutrer at GCUF and I have 3 years of teaching experience. I'm looking forward to getting mostly computer science work including:
Programming fundamentals
Object oriented programming
Data structures
object oriented design and analysis
Database system
Computer networks
Discrete mathematics
Web application
I am expert in different computer languages such as C++, java, JavaScript, Sql, CSS, Python and C#. I'm also have excellent knowledge of essay writing and research. I have worked in other Freelancing website such as Fiverr and Upwork. Now I have finally decided to join the SolutionInn platform to continue with my explicit work of helping dear clients and students to achieve their academic dreams. I deliver plagiarism free work and exceptional projects on time. I am capable of working under high pressure.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
1. Grove Hotel hired Fortas, an electrical contractor, and paid him with a promissory note for $ 3,400. The note stated that it was with interest at prevailing bank rates. Did the stipulation about...
-
1. What evidence is there that Michelle lacks contentment? 2. Inwhat ways is Michelle exhibiting ambivalence toward her finances? 3. What financial idols does Michelle have in her life? 4. What goals...
-
The law firm of Traystman, Coric, and Keramidas represented Andrew Daigle in a divorce in Norwich, Connecticut. Scott McGowan, an attorney with the firm, handled the two-day trial. After the first...
-
4. In cells B4:B15, type a yearly salary for each staff member. Format these values as Currency with no decimal places. 5. Calculate the new salary with a 10% increase in column C. 6. Calculate the...
-
Which parts of the industry offer the best profit prospects?
-
Comment on the largeness of the sample size so that S estimates closely enough and that the t distribution becomes close enough to standardized normal distribution.
-
A piece of cloth is discovered in a burial pit in the southwestern United States. A tiny sample of the cloth is burned to CO 2 , and the 14 C/ 12 C ratio is 0.250 times the ratio in todays...
-
Glendo Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2014. 1. Sales: quarter 1,...
-
A monopoly water slide has demand of p(Q) = a - bQ, where p is the price per slide ("ride"), Q is the quantity of slides demanded, and a, b > 0. Fixed costs are F = 0 and constant marginal costs are...
-
Graver gave Srau a postdated check for $2,000 as a deposit on a sailboat as acceptance of Sraus offer to sell the boat. Later, after Srau sold the boat to someone else, he claimed that the check was...
-
Wiggins had a checking account at her local bank. She wrote out a check to Shin, a maintenance worker, in payment for services he had provided. a. Is Wiggins the drawee? b. Is Shin the drawee? c. Is...
-
Given the channel features or objectives below. For each part, tell which line code(s) is (are) the best choice(s). (a) The channel frequency response has a null at f = 0 hertz. (b) The channel has a...
-
Explain what Smith's book Desiring the Kingdom contributes to our understanding of communication today?
-
17. Suppose that during the TCP connection closing procedure, a machine that is in the TIME WAIT state crashes, reboots within MSL seconds, and immediately attempts to reestablish the connection...
-
Define the four key categories of preparation that leadership teams should consider for a successful strategic analysis. How do the 12 steps support a successful strategic planning process?
-
1. List the environments in which shale forms. What is the one thing that each has in common with the others? 2. What evidence would indicate that sandstones form on the Earth's surface and not...
-
What is the most important ethical issue of using AI in a business? Please explain in detail with references
-
A spherical tank for storing liquid oxygen on the space shuttle is to be made from stainless steel of 0.80-m outer diameter and 5-mm wall thickness. The boiling point and latent heat of vaporization...
-
In the figure, two loudspeakers, separated by a distance of d1 = 2.63 m, are in phase. Assume the amplitudes of the sound from the speakers are approximately the same at the position of a listener,...
-
In your own words, explain what customer equity means and why it is important.
-
Distinguish between a strategy, a marketing plan, and a marketing program, illustra t ing for a local retailer.
-
Outline a marketing strategy for each of the following new products: ( a ) a radically new design for a toothbrush, ( b ) a new fishing reel, ( c ) a new wonder drug, and ( d ) a new indu s trial...
-
Mojo Bones is planning a big March Madness party that is expected to sell out of presold tickets, so security personnel are working with the bar manager to reduce the risk of crime and bar-related...
-
At their outlet store, SportZ has a supply of soccer balls. To make room for other equipment, the balls are being marked don to sell quickly. The retail price is $22.99, and the store has advertised...
-
What is the difference between intended beneficiary and incidental beneficiary? What is privity of contract? Reasonable care and foreseeability scenarios - Negligence Who can be held liable for...
Study smarter with the SolutionInn App