Question: Was this check a negotiable instrument? Was it for a definite amount?

Was this check a negotiable instrument? Was it for a definite amount?

Step by Step Solution

★★★★★

3.34 Rating (160 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Yes the note was negotiable it was for a definite a... View full answer

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

Document Format (1 attachment)

Word file Icon

86-L-B-L-C (213).docx

120 KBs Word File

Students Have Also Explored These Related Business Law Questions!

Q:

A negotiable instrument is only as good as the person who originally created it. If that person has no money, the person who holds the negotiable instrument cannot possibly obtain payment under the...

Q:

1. What type of instrument was the check when Herrera found it? 2. What type of instrument was the check when Herrera added his name to the Pay to line? 3. Could Herrera be charged with forgery?...

Q:

Was the note that the Gazdas singed a negotiable instrument?

Q:

Was this check a negotiable instrument? Was it for a definite amount? This Discussion will assess how well you understand the concept of negotiability. Begin by reading the facts of the case (Blasco...

Q:

1. Jocelyn wants to purchase an expensive pontoon boat for her lake parties. The seller is willing to finance eighty percent of the $20,000 purchase price. Jocelyn doesnt have the remaining $4,000,...

Q:

1. Jocelyn wants to purchase an expensive pontoon boat for her lake parties. The seller is willing to finance eighty percent of the $20,000 purchase price. Jocelyn doesn't have the remaining $4,000,...

Q:

Larry London (LL) buys a computer with his new store credit card at Greatest Get (GG). GG immediately sells the right to receive monthly payments from LL to a finance company, Friendly Finance (FF)....

Q:

1. The holder or holder in due course (HDC) of a promissory note made by a minor is entitled to payment under which of the following conditions? A)If the minor does not assert the defense that he or...

Q:

Jocelyn wants to purchase an expensive pontoon boat for her lake parties. The seller is willing to finance 8 0 percent of the $ 2 0 , 0 0 0 purchase price. Jocelyn doesn t have the remaining $ 4 , 0...

Q:

1. Which of the following meets the signature requirement on a negotiable instrument? a) only the full legal signature of the maker or drawer b) an X is sufficient if witnessed by another person c)...

Q:

All of the following are true of antibodies EXCEPT they are recognized by phagocytes they destroy virus-infected cells they can block pathogens from infecting cells they bind to specific antigens The...

Q:

Digital Organics (DO) has the opportunity to invest $1 million now ( ) and expects after-tax returns of $600,000 in and $700,000 in . The project will last for two years only. The appropriate cost of...

Q:

b ) Explain the significance of applying the comprehensive model, as adapted from Scarborough & Cornwall s ( 2 0 1 6 ) nine - step strategic management process, in organizational planning. ( 1 0...

Q:

You have been asked by a client to review the records of Roberts Company, a small manufacturer of precision tools and machines. Your client is interested in buying the business, and arrangements have...

Q:

The rotating element in a mixing chamber is given a periodic axial movement z = z 0 sin 2nt while it is rotating at the constant angular velocity = . Determine the expression for the maximum...

Q:

For the unity feedback system shown in Figure 8.3, where do the following: [Section: 8.7] a. Find the gain, K, to yield a 1-second peak time if one assumes a second-order approximation. b. Check the...

Q:

Saturated vapor R-410a at 0C in a rigid tank is cooled to 20C. Find the specific heat transfer.

Q:

The Kaiser Family Foundation released a study about the influence of media in the lives of young people aged 818. In the study, 17% of the youth were classified as light media users, 62% were...

Q:

Describe the scope and importance of establishing the context as the first stage in the risk management process.

Q:

According to the court, why cant Mr. Lieberman withdraw from Wyoming.com?

Q:

1. Why does it not matter whether AP&L was negligent? 2. The landowners also argued that what AP&L really had were exculpatory clauses. What is an exculpatory clause?

Q:

The landowners argued that the law often disfavors exculpatory clauses as a matter of public policy, and the court should therefore refuse to enforce these agreements. Comment.

Q:

Meadow Company wants to invest its net profits of $123,000 for 3 years in either a credit union or a local bank. The credit union provides interest of 3.25% compounded monthly, while the local bank...

Q:

Sales in the year following this one are projected to be 15 percent greater in each quarter. a. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 30...

Q:

1 Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the following statements is CORRECT? These two stocks should have the same...