Promissory note meets all of requirements for negotiability

Assignment Help Financial Management
Reference no: EM131500280

Amy signed a promissory note payable to Rose for $100.  Assume that the promissory note meets all of the requirements for negotiability. Rose owes $100 to Matt, and she wants to give him the promissory note from Amy to satisfy her debt to Matt. However, if Amy doesn't honor the note and pay Matt, Rose does not want any personal liability to pay him. What type of endorsement should Rose use when she transfers the note to Matt? Explain.

Reference no: EM131500280

Questions Cloud

Marketing assumes that leisure needs : Marketing assumes that leisure needs are met through which of the following processes:
What is the required rate of return for mugb stock : The current Treasury bill rate is 1% and the expected return on the S&P500 is 11%. What is the required rate of return for MUGB stock?
Compute the finance charges : Grant Tyson, a 27-year-old living in Arlington, Virginia, has been a high-school teacher for five years. For the past four months, he's been thinking.
What is the ending balance of work-in-process control : Prepare journal entries. Number your entries. Explanations for each entry may be omitted. Post to T-accounts. What is the ending balance of Work-in-Process Control
Promissory note meets all of requirements for negotiability : Amy signed a promissory note payable to Rose for $100. Assume that the promissory note meets all of the requirements for negotiability.
Watch the video titled - groundwater contamination : Watch the video titled "Groundwater Contamination" (4 min 35 sec) under the Water Pollution terms section of the Science Corner.
How would you vary your ad for different media platforms : How would you vary your ad for different media platforms? How would you vary the schedule to air it for maximum coverage with minimal expense?
What does it imply about shape of individuals supply curve : In the face of reduced interest rates, one financial columnist gave the following advice: To compensate for such modest returns.
Costs and benefits of debt financing besides the tax shield : What are the other two costs and two benefits of debt financing besides the tax shield?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd