requirements of commercial paper under article 3-104
1. Does the following document meet the requirements of article 3- 104
( valid as commercial paper ) :
Check # 1124 Date: 1/23/14
I, the undersigned, promise to pay to Charles Chip
Amount of: $500 DOLLARS : FIVE HUNDRED AND 00/100
MEMO : _____________ Lina Q ‘ Brien
Yes or No
If yes, no further information is required.
if no, please explain.
2. Assuming it is not commercial paper- is it a contract and if so what type ?
3. Assuming it is commercial paper what are the two things Charles Chip can do with the instruments?
PLEASE FOLLOW UP THE QUESTIONS AND GIVE YOUR BEST ANSWERS I NEED THEM TO BE ANSWERED IN AT LEAST ONE FULL PARAGRAPH
IF ANY QUESTIONS OCCUR< FEEL FREE TO CALL ME OR EMAIL ME !
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more