Question: If you are asked to list items, you do not need to put the answer into a sentence. If you are asked to explain something,

If you are asked to list items, you do not need to put the answer into a sentence. If you are asked to explain something, your answer should be written in sentence form.

Chapter 31:

1. List the 4 kinds of negotiable instruments.

2. List the 6 basic requirements for Negotiability.

3. List the 3 other requirements for Negotiability.

Chapter 32:

4. List the kinds of endorsements.

5. List the requirements for a Holder in Due Course.

6. Explain the difference between real and personal defenses and give an example of each.

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