Question
a. What is a Promissory Note? Explain in detail. How many parties make up a Promissory Note (what are they called)? What is a Certificate
a. What is a Promissory Note? Explain in detail. How many parties make up a Promissory Note (what are they called)? What is a Certificate of Deposit? Explain in detail. How many parties make up a Certificate of Deposit (what are they called)? What is a Check? Explain in detail. How many parties make up a Check (what are they called)?
b. What is the legal significance of an Indorsement (i like to spell Indorsement with an I. some textbooks spell it with an E-Endorsement)? Explain in detail. What is a Special Indorsement? Explain in detail and provide an example. What is a Blank Endorsement? Explain in detail and provide an example. What is a Restrictive Indorsement? Explain in detail and provide an example.
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