Question: THIS QUESTION IS POSTED FOR HANDOUT #2. PLEASE ANSWER QUESTIONS FOR HANDOUT #2. QUESTIONS 14-19 ... If questions that I asked to be answered can


THIS QUESTION IS POSTED FOR HANDOUT #2. PLEASE ANSWER QUESTIONS FOR HANDOUT #2. QUESTIONS 14-19 ... If questions that I asked to be answered can not be fully completed do not attempt at all.
HAND OUT # 2 $120,000.00 November 1, 2019 FOR VALUE RECEIVED, CATBANK USA, having an address at 310 Mumsey, West Hampton, New York 11977 ("Maker"), hereby covenants and promises to pay to the order of DEPOSITOR MARY PIPPLE, having an address at 311 WEST 91ST Street, New York, New York 10028 ("Payee"), One Hundred Twenty Thousand Dollars ($120,000.00), lawful money of the United States of America, plus interest at the rate of 2.5% which principal and interest shall be DUE AND PAYABLE one year from the date hereof. IN WITNESS WHEREOF, CatBank USA has executed this Instrument on the date first above written. In the presence of: CATBANK USA Thomas Phizzle THOMAS PHIZZLE, PRESIDENT Back Pay to the Order of Jake Sneezy Mary Pipple Questions for Handout # 2 14. What type of instrument is this - Promissory Note, Check, Draft or Certificate of Deposit? 15. Identify the parties. Maker / Drawer? Payee? Drawee? 16. Prior to endorsement - is it Order Paper or Bearer Paper? 17. What type of endorsement (if any) is on the back? 18. The party that holds the right to payment on Original Issue = 19. The party to whom right to payment was transferred = Questions for Handout # 3 20. What type of instrument is this - Promissory Note, Check, Draft or Certificate of Deposit? 21. Identify the parties. - Maker / Drawer? Payee? Drawee? 22. Prior to endorsement - is it Order Paper or Bearer Paper? 23. What type of endorsement (if any) is on the back? 24. The party that holds the right to payment on Original Issue = 25. Was the right to payment transferred on this oneStep by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
