Commercial Paper Key Issues

Commercial Paper Key Issues - Commercial Paper Key Issues...

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Hi, friends, I thought the attached checklist would be helpful to you as you prepare for the final exam. It was awesome to meet you! Warmest wishes to all of you! I. Negotiable Instrument Requirements A. Writing B. Signed C. Unconditional promise/order D. To pay a fixed amount of money E. On demand or at a definite time F. To order or to bearer G. With no other unauthorized promise/order Note : If the essay question states that the parties have “conceded” or “stipulated” or “agreed” that the negotiable instruments described in the problem constitute valid negotiable instruments, then do not discuss the above issue/elements on the exam. II. Endorsements A. Definition B. Types III. Holder in Due Course Rule A. Definition/elements B. Real defenses C. FTC Rule IV. Claim For Refund Rule [Lost, stolen, destroyed Cashier’s Checks, Teller’s Checks] V. Accommodation Party A. Definition. B. Benefits Test.
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Commercial Paper Key Issues - Commercial Paper Key Issues...

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