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Business Law 12th Edition by Roger LeRoy Miller ,Frank Cross
Edition 12ISBN: 978-1111530594Business Law 12th Edition by Roger LeRoy Miller ,Frank Cross
Edition 12ISBN: 978-1111530594 Exercise 6
To watch this chapter's video, Negotiable Instruments, go to www.cengagebrain.com and register your access code that came with your new book or log in to your existing account. Select the link for the "Business Law Digital Video Library Online Access" or "Business Law CourseMate." Click on "Complete Video List," view Video 30, and then answer the following questions:
(a) Who is the maker of the promissory note discussed in the video?
(b) Is the note in the video payable on demand or at a definite time?
(c) Does the note contain an unconditional promise or order to pay? (d) If the note does not meet the requirements of negotiability, can Onyx assign the note (assignment was discussed in Chapter 16) to the bank in exchange for cash?
(a) Who is the maker of the promissory note discussed in the video?
(b) Is the note in the video payable on demand or at a definite time?
(c) Does the note contain an unconditional promise or order to pay? (d) If the note does not meet the requirements of negotiability, can Onyx assign the note (assignment was discussed in Chapter 16) to the bank in exchange for cash?
Explanation
Verified
Verified
(a) A promissory note is a promise made ...
Business Law 12th Edition by Roger LeRoy Miller ,Frank Cross
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