Concerning the writing evidencing negotiable instrument

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Reference no: EM131461872

1. What are some of the practical limitations concerning the writing evidencing a negotiable instrument and the substance on which it is placed? How do portability, permanence, and practicality factor into this issue?

2. What is the difference between a holder and a holder in due course? Do they have different rights?

3. When does a check become stale under the UCC? Should checks become stale? Why or why not?

Reference no: EM131461872

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