  Home Study tools

 My courses
 My books My folder Career Life 

Find solutions for your homework Search

home / study / business / finance / finance questions and answers / 1) compare and contrast drafts and promissory notes. be sure to include the id…

Post a question
Question: 1) Compare and Contrast Drafts and Promissory Notes. Be sure…
Answers from our experts for your tough
homework questions

1) Compare and Contrast Drafts and Promissory Notes. Be sure to

include the identity of the parties on Enter question
both instruments.
2) In order to make a Draft or a Note an acceptable cash
equivalent for commercial transactions, the paper
must
Continue to post
a) Have all of the magical ingredients on its face (qualify as a
negotiable instrument)

b) Be transferred in a magical way (negotiated)

20 questions remaining
c) to a person with magical powers (Holder in Due Course).
Six requirements for (a)...what are they?


View comments (1)

My Textbook Solutions
Instant access to step-by-step solutions fo
Expert Answer textbooks

Raymon Farley answered this

Was this answer helpful? 0 0
3,490 answers
Add a Add a Add
textbook textbook textb


Comment

Practice with similar questions

Q: 1) Compare and Contrast Drafts and Promissory Notes. Be sure to

include the identity of the parties on both
instruments.
2) In order to make a Draft or a Note an acceptable cash
equivalent for commercial transactions, the
paper must
a) Have all of the magical ingredients on its face (qualify as a
negotiable instrument)
b) Be transferred in
a magical way (negotiated)
c) to a person...

A: See answer

Questions viewed by other students

Q: Negotiation is the way to "magically" transfer a negotiable

instrument. Unless done correctly, the transfer would only
qualify
as an assignment of a contract right.
1) What is the difference between an order instrument and a bearer
instrument? Which is safer and why?
2) Can you make order paper into bearer paper? How?
3) Can you make bearer
paper into order paper? How? Thanks!
A: See answer 100% (2 ratings)

Q: In
order to make a Draft or a note an acceptable cash equivalents for
commercial transactions, the paper must
A)
have all of the magical ingredients on its face (quality as
a negotiable instrument)
B) be transferred in a magical way
(negotiated)
C) To a person with magical powers (holder in due
course)
This chapter deals with the six requirements
for a)...what are
they?

A: See answer

Show more 

COMPANY LEGAL & POLICIES CHEGG PRODUCTS AND SERVICES CHEGG NETWORK CUSTOMER SERVICE

About Chegg Advertising Choices Cheap Textbooks Chegg Math Solver EasyBib Customer Service
Chegg For Good Cookie Notice Chegg Coupon Mobile Apps Internships.com Give Us Feedback
College Marketing General Policies Chegg Play Sell Textbooks Thinkful Manage Subscription
Corporate Development Intellectual Property Rights Chegg Study Help Solutions Manual
Investor Relations Terms of Use College Textbooks Study 101
Jobs Global Privacy Policy eTextbooks Textbook Rental
Join Our Affiliate Program DO NOT SELL MY INFO Flashcards Used Textbooks
Media Center Honor Code Learn Digital Access Codes
Site Map Honor Shield Uversity Chegg Life
Chegg Writing

© 2003-2022 Chegg Inc. All rights reserved.