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Ebook Business law today (11/E): Part 2

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Nội dung chi tiết: Ebook Business law today (11/E): Part 2

Ebook Business law today (11/E): Part 2

14CHAPTER OUTLINETypes of Negotiable InstrumentsRequirements for NegotiabilityTransfer of InstrumentsHolder in Due Course(HDC)Signature and Warranty L

Ebook Business law today (11/E): Part 2LiabilityDefenses, Limitations, and DischargeLEARNING OBJECTIVESỉhe ftw Learning Cto/ctiwi below avd&igner! roMp.rnpmwyixv onimĩaidin) oftìKỠWỊXơ Mter

iwrtng rtur tv. )OU sAxkV be oMeKI (rawer tfv foVwonj qwstws1What requirements must an instrument meet to be negotiable?2How does the negotiation of Ebook Business law today (11/E): Part 2

order instruments differ from the negotiation of bearer instruments?3What are the requirements for attaining the status of a holder in due course (HDC

Ebook Business law today (11/E): Part 2

)?4What is the difference between signature liability and warranty liability?5Name four defenses that canNegotiable InstrumentsMost commercial transac

14CHAPTER OUTLINETypes of Negotiable InstrumentsRequirements for NegotiabilityTransfer of InstrumentsHolder in Due Course(HDC)Signature and Warranty L

Ebook Business law today (11/E): Part 2er to pay an exact amount, cither on demand or at a specified future time. Because negotiable instrumentsoriginally were (and often still arc) paper d

ocuments, they arc sometimes referred to as commercial paper.As indicated in the chapter-opening quotation, paper was not fully accepted as a substitu Ebook Business law today (11/E): Part 2

te for gold or sliver tn commerce for “many generations ' Today, people are experiencing a similar transition as electronic records substitute more an

Ebook Business law today (11/E): Part 2

d more for paper documents."It took many generations for people to feel comfortable accepting paper in lieuof gold or silver."Alan Greenspan1926-PttiC

14CHAPTER OUTLINETypes of Negotiable InstrumentsRequirements for NegotiabilityTransfer of InstrumentsHolder in Due Course(HDC)Signature and Warranty L

Ebook Business law today (11/E): Part 2redit. For a negotiable Instrument to operate practically as either a substitute for cash or a credit device, or both, it is essential that the instru

ment be easily irans/eraWe without danger of being uncollectible. Each rule described in this chapter can be examined in light of this essential funct Ebook Business law today (11/E): Part 2

ion of negotiable instruments.be used against an ordinary holder but are not effective against an HDC.Negotiable Instrument A signed writing (record)

Ebook Business law today (11/E): Part 2

that contains an unconditional promise or order to pay an exact sum on demand or at a specified future time to a specific person or order, or to beare

14CHAPTER OUTLINETypes of Negotiable InstrumentsRequirements for NegotiabilityTransfer of InstrumentsHolder in Due Course(HDC)Signature and Warranty L

Ebook Business law today (11/E): Part 2osit (CDs). These instruments, which arc summarized briefly in Exhibit 14-1, arc frequently divided into the two classifications that we will discuss

in the following subsections: orders to pay (drafts and checks) and promises to pay (promissory notes and CDs).376Al R*«4. Rt^r.wl MU, »4t« .<«^1 Kifc Ebook Business law today (11/E): Part 2

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Ebook Business law today (11/E): Part 2

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14CHAPTER OUTLINETypes of Negotiable InstrumentsRequirements for NegotiabilityTransfer of InstrumentsHolder in Due Course(HDC)Signature and Warranty L

14CHAPTER OUTLINETypes of Negotiable InstrumentsRequirements for NegotiabilityTransfer of InstrumentsHolder in Due Course(HDC)Signature and Warranty L

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