Question: Module 2 Discussion 100 pts A. Initial Post Commercial Credit Company has in its possession an instrument dated May 1, 2009. The instrument is payable

Module 2 Discussion 100 pts A. Initial Post Commercial Credit Company has in its possession an instrument dated May 1, 2009. The instrument is payable to the order of Alpha Company "on June 1, 2009," for $5,000. In the upper left corner is an address for Beta Corporation 10 Corporate Park Avenue, Chicago, Illinoisand in the lower right corner is the signature of "Delta, Inc., By Eve, President." In the lower left corner is stamped "ACCEPTED: Beta Corporation by Frank, President, May 5, 2009." On the back is the signature of "Alpha Company by Gail, President." What type of instrument is this? Is it negotiable? Who, if anyone, is primarily liable on this instrument on May 1? On May 5? Who, if anyone, is secondarily liable on this instrument? B. Reply Post (Required and due 2 days after initial post). Select a classmate's post and indicate if you believe your classmate's answers are accurate or inaccurate. Respectfully explain why you believe your classmate's post is correct or incorrect. Reply

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