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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.
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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.
Is a marriage certificate a negotiable instrument?
No, a marriage certificate is not a negotiable instrument. A negotiable instrument, such as a check or promissory note, is a written document that guarantees the payment of a specific amount of money to the holder. In contrast, a marriage certificate serves as a legal proof of marriage and does not represent a financial value or transferable right.
Is commercial paper a negotiable instrument?
Yes, commercial paper is considered a negotiable instrument. It is an unsecured, short-term debt instrument issued by corporations to raise funds, typically for working capital needs. As a negotiable instrument, it can be transferred to other parties, allowing holders to sell or endorse it to others. This transferability enhances its liquidity in the financial markets.
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.
