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1. What are some of the practical limitations concerning the writing evidencing a negotiable instrument and the substance on which it is placed? How do

1. What are some of the practical limitations concerning the writing evidencing a negotiable instrument and the substance on which it is placed? How do portability, permanence, and practicality factor into this issue? 2. What is the difference between a holder and a holder in due course? Do they have different rights? 3. When does a check become stale under the UCC? Should checks become stale? Why or why not? 4- What happens when a secured party and an unsecured party claim security interests in the same collateral? Is that fair? Why or why not? 5- How might a notice of default and foreclosure actually benefit a debtor who is behind on payments? 6-Should the federal government regulate the advertising of real property and mortgages on the Internet to protect consumers from potential fraud? Why or why not? If so, what kind of regulations would be appropriate, and how might they be enforced

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