FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

04. A promissory note reads as follows: I promise to pay Gabriela Silangan P1,000.00 three years after the unconditional withdrawal of the US. of its

image text in transcribed
image text in transcribed
04. A promissory note reads as follows: \"I promise to pay Gabriela Silangan P1,000.00 three years after the unconditional withdrawal of the US. of its military bases in the Philippines." Discuss the negotiability or non-negotiability of the note above [1966 Bar Examinations]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Law and the Legal Environment

Business Law and the Legal Environment

Authors: Jeffrey F. Beatty, Susan S. Samuelson, Patricia Sanchez Abril

8th edition

1337404667, 1337404662, 9781337404532, 1337404535, 978-1337736954

More Books

Students also viewed these Law questions

Question

★★★★★
Calculate the cost of equity using the constant growth DDM given the following: current dividend = $3; payout ratio = 0.5 (assume it is not changing); ROE = 12%; and the current market price of the...

Answered: 1 week ago

Question

★★★★★
At http://ftc.gov/ the Federal Trade Commission provides information on enforcement cases it has brought against franchisors who violate FTC rules. Do you see a pattern? Are some violations more...

Answered: 1 week ago

Question

★★★★★
In the articleNonablative facial remodeling: erythema reduction and histologic evidence of new collagen formation using a 300-microsecond 1064-nm Nd:YAG laser published in the Archives of Dermatology...

Answered: 1 week ago

Question

★★★★★
Star land Corporation provided the following comparative balance sheets and income statement. Star land Corporation Income Statement For the Year Ended December 31 Current Year Sales. $ 1,875,050...

Answered: 1 week ago

Question

★★★★★
Bill Dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in Stock X and the remainder is invested in Stock Y. X's beta is 1.25 and Y's beta is 0.75. What is the portfolio's beta?...

Answered: 1 week ago

Question

★★★★★
Question 38 (5 points) 25.00 Expected Return (%) 20.00+ 15.00- 10.00 5.00 F 0.00 0 10 20 Gold 30 D Optimal CAL Standard Deviation (%) Portfolios B and D in the graph above lie outside the efficient...

Answered: 1 week ago

Question

★★★★★
Aguila Corporation produces a single product. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. The standard costs for one unit of product are as follows:...

Answered: 1 week ago

Question

★★★★★
Schedule of Cost of Goods Manufactured and Sold At December 31, 2019, the end of its fiscal year, Lederman Manufacturing Corporation collected the following data for 2019: BusinessCourse Return to...

Answered: 1 week ago

Question

★★★★★
Matching: The impact of recycling The impact of city-wide recycling and composting initiatives in major Canadian cities The impact of city-wide composting programs in South Vancouver to 1. Too narrow...

Answered: 1 week ago

Question

★★★★★
Finally, come up with a procedure for assigning a single number "best estimate" and an associated "uncertainty" for each case. By procedure we mean a formula (or else at least an algorithm) which...

Answered: 1 week ago

Question

★★★★★
Problem 9.07 The water tank has a rectangular crack on its side having a width of 100 mm and an average opening of 0.1 mm Laminar flow occurs through the crack. The water is at a temperature of...

Answered: 1 week ago

Question

★★★★★
What is defined as the likelihood of an internal or external event that disrupts supply chain operations? a. Shortage gaming b. Cyber attacks c. Supply chain risk d. Bullwhip effect

Answered: 1 week ago

Question

★★★★★
11. Give two examples of each of the following heuristic assessment mechanisms. a) We use the information that is currently accessible. b) We assume an initial anchor point (value). c) We compare to...

Answered: 1 week ago

Question

★★★★★
4. Give an example of how the consistency principle can be used to influence others.

Answered: 1 week ago

Question

★★★★★
6. Give an example of how the liking principle can be used to influence others.

Answered: 1 week ago

Previous Question Next Question