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Can the borrower on a promissory note transfer the debt to another borrow without lender approval?
CoryVaughn
Is not possibile.
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∙ 11y ago
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What is a written promise to repay?
A written promise to repay is called a promissory note. It is a legal document where one party (the borrower) agrees to repay a specific amount of money to another party (the lender) according to agreed-upon terms and conditions.
What does a promissory estoppel do?
Promissory estoppel is when a person makes a false statement to another and the listener relies on what was told to him/her in good faith and to his/her disadvantage.
Can the Navy transfer 11 million dollars RDT and E funds from one program element to another without prior approval of Congress?
No, False
Can The Navy can transfer 11 million Research Development Test and Evaluation funds from one program element to another without prior approval of Congress?
false
What paper work do you do when a person wants to have another person take over payments on her house and transfer the title until its paid for?
You will need to make contact with the mortgage holder (people that loaned money to buy the house) and get their approval. Until the loan is paid off, the mortgage agreement is between the homeowner and the mortgage holder. That agreement cannot be changed without their approval, or a court order (such as bankruptcy) or the death of the borrower. In effect, you would transferring your mortgage to the other person- and that person might not be acceptable to the mortgage company.
Who is the Indian in the secret world of arrietty?
He is another borrower
Is an IOU considered a legal promissory note?
It depends on what was written on the IOU. An IOU is an informal declaration that one person owes some money to another. If that's all the writing states then it will not reach the status of a promissory note. A promissory note must meet certain legal requirements:must state the amount borrowed and from whom it was borrowedmust state when it will be paid backor, must state it will be paid back on demandmust be signed by the borrowerIt depends on what was written on the IOU. An IOU is an informal declaration that one person owes some money to another. If that's all the writing states then it will not reach the status of a promissory note. A promissory note must meet certain legal requirements: must state the amount borrowed and from whom it was borrowedmust state when it will be paid backor, must state it will be paid back on demandmust be signed by the borrowerIt depends on what was written on the IOU. An IOU is an informal declaration that one person owes some money to another. If that's all the writing states then it will not reach the status of a promissory note. A promissory note must meet certain legal requirements: must state the amount borrowed and from whom it was borrowedmust state when it will be paid backor, must state it will be paid back on demandmust be signed by the borrowerIt depends on what was written on the IOU. An IOU is an informal declaration that one person owes some money to another. If that's all the writing states then it will not reach the status of a promissory note. A promissory note must meet certain legal requirements: must state the amount borrowed and from whom it was borrowedmust state when it will be paid backor, must state it will be paid back on demandmust be signed by the borrower
Can a bank transfer money from one account to another without permission?
No. A bank cannot do that. A bank cannot transfer money from one account to another without prior approval or permission from the account holder from whose account money is going to be taken. If such a thing happens, the affected customer can sue the bank.
What is anther word to clap in approval?
Another word for clap in approval is applaud
Can employee at transfer to another store out of state?
Yes. A lateral transfer within the company is possible pending a few stipulations. There must first be a position open at the location you wish to transfer. Second, you must have manager approval (from your current manager and the new manager). And third, you must have district supervisor approval (from your current supervisor and the new supervisor). Pay scales frequently are different depending on the market, so inquire with your manager regarding this matter.
Can employee at Walgreen's transfer to another store out of state?
Yes. A lateral transfer within the company is possible pending a few stipulations. There must first be a position open at the location you wish to transfer. Second, you must have manager approval (from your current manager and the new manager). And third, you must have district supervisor approval (from your current supervisor and the new supervisor). Pay scales frequently are different depending on the market, so inquire with your manager regarding this matter.
Is Loaning money to another company through a promissory note an asset source transaction?
FALSE
