Question: Wong testified that he had looked for the note at a third-party storage facility. If the note had been found there, would it mean that

Wong testified that he had looked for the note at a third-party storage facility. If the note had been found there, would it mean that the note had been "transferred" to the facility, making the storage company the holder of the instrument? Explain.
If a note is the best primary evidence of the existence of a debt, what might be the best evidence of the amount of the debt and the interest calculation?

Step by Step Solution

3.43 Rating (159 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

No moving notes and other negotiable instruments to a thirdparty storage facili... 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

1268-L-B-L-P-A-C-L(1167).docx

120 KBs Word File

Students Have Also Explored These Related Business Law Questions!