Explain whether the note is negotiable order paper

Assignment Help Management Theories

Reference no: EM131386795

Broadway Management Corporation obtained a judgment against Briggs. The note on which the judgment was based reads in part: ‘‘Ninety Days after date, I, we, or either of us, promise to pay to the order of Three Thousand Four Hundred Ninety Eight and 45/100---Dollars.'' (The underlined words and symbols were typed in; the remainder was printed.)

There are no blanks on the face of the instrument, any unused space having been filled in with hyphens.

The note contains clauses permitting acceleration in the event the holder deems itself insecure and authorizes judgment ‘‘if this note is not paid at any stated or accelerated maturity.'' Explain whether the note is negotiable order paper.

Reference no: EM131386795

Questions Cloud

Define the components of risk management : Define the components of risk management. Explain the activities involved in each activity.

Discuss about the functions of human resources : You are a Manager-In-Training (MIT) program at North Valley Hospitals System's Medical Group (NVMG). Previously you've conducted a presentation on ways to communicate change while motivating employees. Employee Performance and Improvement are very..

Discuss whether the instrument is negotiable : On June 11, 2010, PP, Inc., formerly Green Mountain Inn, Inc., brought an action against the McGuires to recover on the note held as security for the Tursis' promissory note. Discuss whether the instrument is negotiable.

Internet for articles on computer crime prosecutions : Search the Internet for articles on computer crime prosecutions. Write a short, 1-page summary of the case including information on the outcome of the case and how digital forensics contributed to either the successful prosecution or acquittal of ..

Explain whether the note is negotiable order paper : The note contains clauses permitting acceleration in the event the holder deems itself insecure and authorizes judgment ‘‘if this note is not paid at any stated or accelerated maturity.'' Explain whether the note is negotiable order paper.

Build a server system from scratch : Visit a website such as https://www.newegg.com/ and build a server system from scratch. Provide the document that has a parts detailed on why you chose each part.

Find three health care management positions : Find three health care management positions. Create an original internal and external job posting for North Valley Medical Group. Based your posting on what we've covered in this module, along with what you've observe on the job postings that wer..

Do computer scientists require the isp to practice : Do Computer Scientists require the ISP to practice? What are the advantages of the ISP?

Is given instrument negotiable : The holder of this instrument shall have the election to require the assignment and delivery to him of my 100 shares of Brookside Iron Works Corporation stock in lieu of the payment of Five Thousand Dollars in money. (Signed) Sam Sharpe Is this in..

User Account

All Pages