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The following is a brief case of the three negotiable instruments. A in New York imports a batch of chairs from B in Paris,
The following is a brief case of the three negotiable instruments. A in New York imports a batch of chairs from B in Paris, with the total value: 10,000 dollars, order number: 95E03LC001, shipment date: July 10th, 2013, and it is stipulated in the contract that payment should be effected within 30 days after shipment; C in Paris buys desks from D in New York with the total value of 10,000 dollars. Meanwhile C offers furniture to B which costs 10,000 dollars. How to issue a negotiable instrument we have learned this semester to clear the credit and debt relation among the four parties? 1. Describe the procedures of using a negotiable instrument to solve this problem. (You can choose any ONE kind of the three negotiable instruments) (10 points) 2. ISSUE the negotiable instrument you have chosen according to the case.
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