Why do you think such liability for neglect is necessary in the context of the imposition of criminal liability on corporate officer's negligence for allowing environmental crimes? Do you think this type of liability goes too far?

What is the difference between a contract and a negotiable instrument?

In circumstanceslike those in theAlpacas case, could a maker successfully argue thata note is conditional, and thus not negotiable, because it is not separate from its underlying contract but merely enforces it? Under what circumstances could you successfullyargue that an agreement is not a note (anegotiableinstrument), but is actually part of the underlying contract?