0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Is share certificate a non negotiable instrument?
yes, its a non negotiable instrument
Is a wire transfer a negotiable instrument?
No You are asking if the medium of transfer is a negotiable instrument It is not. A wire transfer represents the medium (or method) of transfer. It is like asking if the stage coach transporting the money is a negotiable instrument, it is not. Money itself is a negotiable instrument, the medium itself is not.
Does a post dated check comply with the definition of a check and is such a check a valid negotiable instrument?
no it does not complt with the definition of a cheque and its not a valid negotiable instrument
Is a mortgage a negotiable instrument?
No, a mortgage is a contract.
Is a certificate of deposit a negotiable instrument?
yes
What is an ABCP?
An ABCP is an asset-backed commercial paper - a negotiable instrument with short maturity.
Why credit card is not a negotiable instrument?
A credit card is not a negotiable instrument because it does not meet the legal requirements to be classified as one. Negotiable instruments must be unconditional promises to pay a fixed amount of money, which credit cards do not fulfill. Additionally, credit cards involve the extension of credit rather than a direct payment.
Is share certificate a negotiable instrument?
yes, its a non negotiable instrument
Is share certificate a non negotiable instrument?
yes, its a non negotiable instrument
What does it mean that a note matures does it mean expires?
Maturity is a term subject to different meanings, but in a commercial paper context, it refers to the date on which a negotiable instrument, such as a promissory note or bill of exchange, becomes due and payable.
Is a wire transfer a negotiable instrument?
No You are asking if the medium of transfer is a negotiable instrument It is not. A wire transfer represents the medium (or method) of transfer. It is like asking if the stage coach transporting the money is a negotiable instrument, it is not. Money itself is a negotiable instrument, the medium itself is not.
Instrument of money market?
Commercial paper
What is material alteration in negotiable instrument?
Material alterations in a negotiable instrument are alterations on the face of the instrument altering how the instrument is paid or negotiated, and to whom negotiated. A material alteration to a negotiable instrument could also be the entry of a court order regarding the instrument that changes these aspects of the instrument.Generally, the laws affecting negotiable instruments are:(1) the provisions of Article 3 of the Uniform Commercial Code as enacted in State statute; and,(2) the common law interpreting the statutes; and,(3) common-law principles as to negotiable instruments exclusive of Article 3 of the UCC, if allowed for in State statute.
Does a post dated check comply with the definition of a check and is such a check a valid negotiable instrument?
no it does not complt with the definition of a cheque and its not a valid negotiable instrument
Is a mortgage a negotiable instrument?
No, a mortgage is a contract.
Is a certificate of deposit a negotiable instrument?
yes
What is material alteration in discharge of contract?
essential of negotiable instrument say's that a negotiable instrument must be unconditional so when we will alter any condition in it then it will be discharged.
