In interpreting conflicting terms that appear on the face of commercial paper, why are handwritten terms given

Question:

In interpreting conflicting terms that appear on the face of commercial paper, why are handwritten terms given precedence over printed terms?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Law for business and personal use

ISBN: 978-0538445887

18th edition

Authors: John E. Adamson

See More Books

Question Posted: Aug 26, 2020 08:26 AM

See More Questions

Why are yields higher on loan sales than on commercial paper issues with similar maturity and issue size?
List some items that appear on the credit card statement. What accounts for the difference between your previous balance and your new balance?
Why is it so important that the face of commercial paper bear the words payable to order or payable to bearer?
Why are lipids and proteins free to move laterally in membranes? O a. Lipids and proteins repulse each other in the membrane O b. The interior of the membrane is filled with liquid water Oc. There...
In a family with 2 children, excluding multiple births, what is the probability of having 2 girls? Assume that a girl is as likely as a boy at each birth.
Why might the cost of capital for a foreign project differ from that of an equivalent domestic project? Could it be lower? AppendixLO1
What is the difference between ethical and legal? Can something be ethical but illegal? Unethical but legal? AppendixLO1
Joseph Supersonic Company, a U.S. jet fighter manufacturer, is eager to sell its aircraft to the stateowned airline of the Republic of Platano and wishes to retain a local representative to assist...
Suppose Royal Canadian Cruiseline decides to offer two types of dinner cruises: regular cruises and executive cruises. The executive cruise includes complimentary cocktails and a five-course dinner...
Explain how each recent theoretical perspective 1 Information processing, 2 Ethology and Evolutionary developmental psychology, 3 Vygotsky's sociocultural theory and 4 Ecological systems theory...
1. Do you agree with the courts conclusion that Nancy Clardy did not ratify the note? Why or why not? 2. Why did the court determine that the note was not commercial paper and that, consequently,...
Explain why a finger or thumb print would be effective as a signature on a piece of commercial paper.
Sharebased payment with a nonvesting condition LO3, 4, 5 An employee is offered the opportunity to contribute 10% of their annual salary of $3000 across the next 2 years to a plan under which they...
If the majority voting control partners in an entity are close to retirement, they may prefer more equity issued versus debt. T/F The more stable the selling price is, the more likely the firm ...
Explain the following concepts/topics. 1. Arbitration Tribunials under CUSMA as opposed to International Arbitration under the WTO or ICSID: 2. Lost or Not Lost clauses under a Marine Insurance...
Northfield Manufacturing has two operating divisions in a semiautonomous organizational structure. Americas Division, based in the United States, produces a specialized memory chip that is an input...
T 174 6. Cs has a half-life of 30.8 s and the number of nuclei present is 3.787 1016 nuclei. 55' Determine: a. Number of nuclei present 2.6 minutes later b. The activity of 17 CS at the time in a. c....
The parallel sides of the trapezoidal lot measure 160 m and 240 m are 40 m apart Find the distance of the dividing line from the 160m line parallel to the 2 sides that will divide the trapezoid into...
Caroline is at a stores checkout counter. Shed like to pay for her purchase using either her credit card or her debit card, but preferably her credit card. However, she is not sure whether the store...
Assume Eq. 6-14 gives the drag force on a pilot plus ejection seat just after they are ejected from a plane traveling horizontally at 1300 km/h. Assume also that the mass of the seat is equal to the...
Consider the following summary of Sec. 1231 gains and losses recognized by Janet during the period 20122017. Janet had no nonrecaptured Sec. 1231 losses at the beginning of 2012. If Janet has no...
Mike Webb, married to Nancy Webb, is employed by a large pharmaceutical company and earns a salary. In addition, Mike is an entrepreneur and has two small businesses on the side, both of which...
Barbara was divorced two years ago. However, the final property settlement and determination of alimony payments was not made until February 2017 because of extended litigation. Barbara received a...
3. The nominal interest rate compounded monthly when your $7,000 becomes $11,700 in eight years is ________
An investor can design a risky portfolio based on two stocks, A and B. Stock A has an expected return of 21% and a standard deviation of return of 39%. Stock B has an expected return of 14% and a...
Advanced Small Business Certifica Drag and Drop the highlighted items into the correct boxes depending on whether they increase or decrease Alex's stock basis. Note your answers- you'll need them for...

In interpreting conflicting terms that appear on the face of commercial paper, why are handwritten terms given

Question:

Step by Step Answer:

Whenever handwritten terms are incorporated in a typewritten or printed contract the h...View the full answer

Law for business and personal use

Students also viewed these Business questions