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Gold itself is not considered a negotiable instrument in the traditional sense, as it is a physical commodity rather than a financial document. Negotiable instruments, such as checks or promissory notes, represent a promise to pay a specific amount of money and can be transferred between parties. However, gold can be traded and exchanged in various forms, such as bullion or coins, and can be used as a medium of exchange or store of value. In that context, while it is not a negotiable instrument, it does possess attributes that allow it to be readily traded.
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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
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 certificate of deposit a negotiable instrument?
yes
Is a mortgage a negotiable instrument?
No, a mortgage is a contract.
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.
Is a cheque negotiable instrument?
No. A cheque is a non-negotiable monetary instrument. The value of the cheque cannot be modified or negotiated and hence the term non-negotiable. The amount filled up by the cheque issuer is the value of the cheque and it would not change.
Is a variable interest rate a negotiable instrument?
No, an instrument is something like a bond or cd.
What are the features of negotiable instrument?
A negotiable instrument is capable of being transferred by delivery or indorsement when the transferee takes the instrument for value, in good faith, and without notice of conflicting title claims or defenses. A negotiable instrument could be a check made out to another person, because that person could endorse it for payment or transfer it to someone else as payment to them.
How can negotiable instruments be endorsed?
Endorsement of negotiable instrument, this is the situation where by the right of instrument is transfered from one person to another.it can be endorsed simply by signing back of the instrument e.g cheque and name the new payee and hence the instrument is said to be endorsed in this way.
Main characteristics of negotiabble instrument?
The main characteristics of a negotiable instrument is that it can be easily regulated.
