Under the negotiable instruments article

Assignment Help Operation Management

Reference no: EM131124828

Under the Negotiable Instruments Article of the UCC, which of the following circumstances will prevent a promissory note from being negotiable?

A. An extension clause that allows the maker to elect to extend the time for payment to a date specified in the note.

B. An acceleration clause that allows the holder to move up the maturity date of the note in the event of default.

C. A person having a power of attorney signs the note on behalf of the maker.

D. A clause that allows the maker to satisfy the note by the performance of services or the payment of money.

Reference no: EM131124828

Questions Cloud

What is found between the two pleural cavities : What is Found between the two pleural cavities and contains the heart, thymus gland, lymph and blood vessels, trachea, esophagus, and nerves

Purchasing measurement is not free : Purchasing measurement is not free. There is no best way to measure purchasing performance. Many industries need to shift from operational measures focusing on buyer activity to strategic measures focusing on a desired end result.

Your company has identified several independent projects : Your company has identified several independent projects that will add value to the company. Unfortunately, the company has an insufficient capital budget to undertake all of the projects. What general recommendation would you make for selecting the ..

Salesperson for wave soldefined theg systems : Rick Wing, salesperson for Wave Soldefined theg Systems, Inc. (WSSI), has provided you with a proposal for improving the temperature control on your present maxhine. The maxhine uses a hot-air knife to cleanly remove excess solder from pFind theted c..

Under the negotiable instruments article : Under the Negotiable Instruments Article of the UCC, which of the following circumstances will prevent a promissory note from being negotiable?

What means might you use to get to know people in community : You work for a local car dealership, and have been asked by your chamber of commerce to deliver a presentation to the community on buying a car. Your town consists of about 40,000 people, but you do not know who will actually attend the presentation...

Considering replacing some of equipment at generating : Mountain States Electric Service is an electrical utility company serving several states in the Rocky Mountain Region. It is considering replacing some of its equipment at a generating substation and is attempting to decide whether it should replace ..

Scratch and deliver it effectively to the intended audience : The vice president (VP) of your company is fabulous at his job, but his speeches over the years have earned a reputation for being long and disorganized. You have been asked by the chief executive officer (CEO) to work with and coach the VP on how to..

The management of firm finances is extremely important : The management of a firm’s finances is extremely important to its success. Your firm may bring in $1B in sales but if the firm is mismanaged, it may suffer a net operating loss (a net income of less than $0). What is financial management and why is i..

User Account

All Pages