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The following few questions are typical of what you may face on the final. We'll go over them on the last day of class. 1.
The following few questions are typical of what you may face on the final. We'll go over them on the last day of class. 1. a. True or False: The following, by itself, would cause an instrument to NOT be negotiable: It's written out in pencil. b. True or False: The following, by itself, would cause an instrument to NOT be negotiable: it has a payment due date of "any day in June 2020." c. True or False: The following, by itself, would cause an instrument to NOT be negotiable: It calls for payment of "all the cash only that I receive from selling my 2017 Toyota." d. True or False: The following, by itself, would cause an instrument to NOT be negotiable: It says the promise to pay is "in accordance with" a separate contract e. True or False: The following, by itself, would cause an instrument to NOT be negotiable: It calls for payment "of 2000 Canadian dollars on June 18, 2020 to Jim Barnaby." 2. Frank is the payee of an instrument and is not a holder in due course. The instrument calls for the payment of $5,000 to the order of Frank on May 31, 2020." Frank endorses it and sells it to Gina for $4,900 on June 2, 2020. Does Gina fail any of the HDC tests? 2 Achael kors the following endorsements antia
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