Chapter 16 Negotiability, Transferability and Liability
1 Article 3 talks about 4 types of instruments. What are they?
Drafts and checks, time drafts and sight drafts, trade acceptances, checks
2 What is a draft?
An unconditional written order to pay rath
Chapter 19 Creditors Rights and Bankruptcy
What are the sources of laws in this chapter?
Chapters 7, 11, 12, and 13
What is a mechanics lien?
A statutory lien on the real property of another to ensure payment for work performed and materials furnished in
Chapter 18 Security Interests in Personal Property
1. What is a secured transaction? A loan or a credit transaction in which the lender acquires
a security interest in collateral owned by the borrower and is entitled to foreclose on or
repossess the colla
Chapter 17 Checks and Banking the Digital Age
What is the difference between Article 3 and 4?
1. They both govern issues relating to checks. Every issue falls under Article 3, but Article
4 governs bank deposits and collections as well as bank-customer re
Understanding Bud and Sandi
Bud Hawkins came from a poor background where he was left to fend for himself. While
he was in college he worked full time in the evenings and on weekends to support him.
He met Sandi in college and during his last ye
What is your name?
Where do you work?
I am an intern at Midlands Voice. Ive only been a journalist for about a year.
When you did work at RacheterWorld, what did you do?
Well when I started in 2009 I was part of the clean up crew. After a fe
Name of case: Doctors Co. v. Womens Healthcare Assocs.
Date decided: April 18, 2013
Court that decided: Supreme Court of Virginia-Justice Leroy F. Millette, Jr.
Reasons for lawsuit: patients had a child that would have
Test 3 Extra Credit
This article I got from LexisNexis deals with Lipman advertising agency. Lipman
has done work for high-class clients such as Mercedes Benz. They filed for Chapter 7
under bankruptcy court. Lipman is liquidating because the current owne
Law 3000- Noon Class
Witness- Jackie Hunter
Did you see or hear evidence that persuaded you beyond a reasonable doubt that
Defendant acted in complicity with or facilitated the robbery? Yes
Did you see or hear evidence that persuaded you be