What is the main advantage of receiving the negotiation of an instrument rather than the assignment of

Question:

What is the main advantage of receiving the negotiation of an instrument rather than the assignment of a contract?

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

Step by Step Answer:

Related Book For book-img-for-question

Managing the Law The Legal Aspects of Doing Business

ISBN: 978-0132164429

4th edition

Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer

See More Books

Question Posted: Aug 07, 2019 10:17 AM

See More Questions

A negotiable instrument is only as good as the person who originally created it. If that person has no money, the person who holds the negotiable instrument cannot possibly obtain payment under the...
What is an acceleration clause? When is such a clause used?
Sarah is a partner in a partnership that carries on an engineering consulting business. She will retire on January 1. Does she need to worry about any liabilities incurred by the partnership after...
Write a critical review paper on the topic of financial management in the broad sense.
n-Butane is separated from an equimolar methane/n-butane gas mixture by compression of the gas to pressure P at 40C. If 40% of (he feed on a mole basis is condensed, what is pressure P (in hurl and...
If 55 g of SiO 2 (s) glass is placed into 111 L of 0.032 M HF, is there enough HF to dissolve all of the glass? Determine which substance is the limiting reagent and calculate how much of the other...
13. A U.S. corporation imported merchandise from a British company for 1,000 when the spot rate was $1.45. It issued financial statements when the current rate was $1.47, and it paid for the...
In 2010, Lee Ann Adams and some college friends organized The Candy Jar, a gourmet candy company. In 2010, The Candy Jar issued 150,000 of the 300,000 authorized shares of common stock, par value...
In May, VitaSport produced 1 4 , 0 0 0 cases of powdered drink mix and sold 1 6 , 0 0 0 cases, of which 2 , 0 0 0 were produced in April. The total April production was 1 5 , 0 0 0 . The sales price...
On January 1, Year 5, Green Inc. purchased 100% of the common shares of Mansford Corp. for $353,000. Green's balance sheet data on this date just prior to this acquisition were as follows: The...
Although the general principles always are the same, each province (and territory) has its own Bills of Exchange Act, which must be carefully checked for possible differences. As with the Sale of...
A cheque becomes staledated only when the statutory limitation period lapses. Is that statement correct? Explain your answer.
Explain the three types of staffing policies that companies use.LO16
1.A woman eats 65g of protein per day. She weighs 156 lbs. How much protein is she getting per kg of body weight? Explain briefly both question 2.152 lbs = ________________kg. [2.2 lbs = 1 kg] explain
The concrete slab shown in Figure is 7m x 5m. The slab is not supported along one of the 7m long edges (free edge). The other three edges are supported and continuous over the supports, and therefore...
1. If possible, find 4-B -[{3}][{3}] A=
Georgi owns 50% of Forbes, Inc., an S corporation. At the beginning of the current tax year, Georgi had zero basis and an unused net business loss carryover of $10,000. During the tax year, she...
luation, of Fundamental Managerial Accounting Concepts. Use Excelshowing all work and formulasto complete the following: Prepare a flexible budget. Compute the sales volume variance and the...
Harley-Davidson manufactures 30 custom-made, luxurymodel motorcycles. Each is unique. Does it account for these motorcycles as 30 individual jobs or as a job lot? Explain.
Using the theoretical sampling strategy, how many samples of size 4 (n = 4) can be drawn from a population of size: (a) N = 5? (b) N = 8? (c) N = 16? (d) N = 50?
Use examples to explain the difference between third-party insurance and first-party insurance.
Explain the process of sub-bailment and identify the parties that are involved in that process. Is a bailee always entitled to place goods into a sub-bailment?
A common carrier is an insurer of bailed goods. What does that statement mean? Will a common carrier always be held responsible if goods are lost or damaged while in its possession? List three types...
Your firm is planning to invest in an automated packaging plant. Harburtin Industries is an all - equity firm that specializes in this business. Suppose Harburtin ' s equity beta is 0 . 8 7 , the...
Ned Allen opened a medical practice in Los Angeles, California, and had the following transactions during the month of January. (Click the icon to view the January transactions.) Journalize the...
do you need more information or are you working on this? Irene Watts and John Lyon are forming a partnership to which Watts will devote one- half time and Lyon will devote full time. They have...

What is the main advantage of receiving the negotiation of an instrument rather than the assignment of

Question:

Step by Step Answer:

Contractual obligations can generally be assigned to a stranger Aside from being a cumbe...View the full answer

Managing the Law The Legal Aspects of Doing Business

Students also viewed these Business questions