Looking at the Adjustable Rate Note provided by url, does this note meet the requirements of negotiability? Explain. Relate all the six requirements (+ 4 common law contract requirements) to this note. State whatever assumptions you make in your analysis.

Again looking at the Adjustable Rate Note provided through url, answer the following questions: a. Who is the maker? b. Who is the payee? c. What happens if the borrower fails to pay as required? d. How would this note be negotiated?

file:///C:/Users/aleci/OneDrive/Documents/Alecia%20college/Sample%20Adjustable%20Rate%20Mortgage%20(ARM)%20(1).pdf