Question: Can you help me with this case in the aspect of a negotiable instrument? John goes to a bar.Harry starts to talk to him about

Can you help me with this case in the aspect of a negotiable instrument?

John goes to a bar.Harry starts to talk to him about a car he has for sale.John tells him he wishes he could buy the car but does not have that much cash.Harry tells John he can make payments over the next year.Harry writes on a napkin John shall pay me $100.00 per month for 12 months starting December 1, 2018.They both sign and date the napkin.

Discuss whether this is a negotiable instrument.Defend your position. Ensure you discuss each element of negotiability.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

The Ploughman family has owned and operated a 640-acre farm for several generations. The family now needs to make a decision about the mix of livestock and crops for the coming year. By assuming that...

John goes to a bar.Harry starts to talk to him about a car he has for sale.John tells him he wishes he could buy the car but does not have that much cash.Harry tells John he can make payments over...

1.Zehra is an employee of Claire. It is payday, but Claire does not have the money to pay Zehra right away, so she signs a simple statement that says: "I owe Zehra $500 for her work this week."...

John goes to a bar.Harry starts to talk to him about a car he has for sale.John tells him he wishes he could buy the car but does not have that much cash.Harry tells John he can make payments over...

NEED ASAP! HELP! THIS IS A Case Analysis question!! No plagiarism. Please read the text first. Will give thumbs up 100% guaranteed. Please help. Thankyou!! The strategic choices made by organizations...

Steve Raucci Please Read Please Summarize and use theses in summary. How would you best describe Steves management style? What was the most surprising thing about the case? What would have done if...

BCO 313: Negotiation at Work Anne Dwyer: a.dwyer@euruni.edu Negotiation at Work \"Managers and executives negotiate constantly over issues as varied as hiring decisions and purchases, corporate...

According to the reading by Turner, why is film considered a type of language? 3 FILM LANGUAGES The title of this chapter may require explanation. Film is not, of course, a language but it does...

(Questions from Lecture and Article) - Discussion Board Activity I need to read the following Lecture Note and the ?Wall Street Journal? articles that I uploaded, and writeanswers for theDiscussion...

PRINTED BY: smj@staceymjohnson.com. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be...

Suppose Microsoft, Inc., is trading at $27.29 per share. It pays an annual dividend of $0.32 per share, and analysts have set a one-year target price around $33.30 per share. What is the expected...

South Fork Farms, Inc., reported $5,000,000 of 6% bonds payable. Interest is payable semi-annually. The bonds were issued at par. As of December 31, 2024, the current balance of the unamortized...

Which of the following statements is true? Cash flows from a project cannot be evaluated independently of a firm's other cash flows The accounting earnings of a project need to match with its cash...

You are a well-followed research analyst, and your investment team is asked to invest in bonds, equity and derivatives of US$ 1 million according to the required risk-return objective of your fund...

The following comparative statements of financial position and income statement are for the business of Leone Ltd: ASSETS Cash at bank LEONE LTD Comparative Statements of Financial Position as at 30...

In 2012, Aiden Patel was driving home, full of excitement. He had known from an early age that he would never have been happy working for someone else. He hoped that through a business venture, he...

Use an internet search engine (e.g., Google) to find Internal Revenue Code $ 61(a). What is defined in this Code Section? Is the definition broad or narrow? (2) Go to legalbitstream.com, and find the...

X-treme Vitamin Company is considering two investments, both of which cost $14,000. The cash flows are as follows: Year Project A Project B 1 $16,000 $14,000 2 6,000 5,000 3 4,000 9,000 Use Appendix...

Among a group of 5 8 programmers, who know either Java or Python or both, 1 5 only know Java and 1 3 only know Python. What is the probability of randomly choosing a programmer who knows both...

1. Discuss the following statements: a) Predetermined is not the same thing as predictable. b) When we are aware of the consequences of our behaviour, we can change our behaviour. c) What we know is...

2. In this chapter, the reader should reflect on the following concepts:

1. To provide an understanding that a person in a communication situation conveys three things at the same time: their position, basic interests and values.