Explain negotiable instrument, Operation Management

Assignment Help:

Nan read the note that Tom had just given her. She was doing some home repair for Tom. The note represented the $10,000 that Nan and Tom agreed upon for all of the work. The note read as follows:

I, Tom Drum, hereby promise to pay to the order of Nan Hardy ten thousand dollars ($10,000). This sum is contingent upon my ability to receive a loan in the same amount from West Bank International. I give this negotiable instrument as the full payment for Nan Hardy's repairs to my home.

Is this note negotiable? Discuss why or why not.


Related Discussions:- Explain negotiable instrument

Purpose of research design, Purpose of Research Design: Any research ...

Purpose of Research Design: Any research design has two basic purposes. a. To provide answers to research questions as validly objectively accurately and econom

Explain personal computers and airline travel, Are the following global ind...

Are the following global industries or multi domestic industries: bulk chemicals, pharmaceuticals, branded food products, moviemaking, television manufacture, personal computers an

Explain ethics training or strong ethical leadership, Which do you think wo...

Which do you think would be more effective for shaping long-term ethical behaviour in an organization: a written code of ethics combined with ethics training or strong ethical lead

Explain what are the boundary points of the feasible region, Maxwell Manufa...

Maxwell Manufacturing makes two models of felt tip marking pens. Requirements for each lot of pens are given below. Fliptop Model Tiptop Model Available Plastic 3 4

Explain united states and the european union, Code of Conduct in the Europe...

Code of Conduct in the European Union and Statement of Ethics discuss and compare the two codes from these marketing association. Discuss the similarities and differences between t

Schmenner''s service-process matrix - operation strategy, Schmenner's Servi...

Schmenner's Service-Process Matrix The service-process matrix was introduced earlier. It is Schmenner's service industry equivalent of the product-process matrix. The service

Explain what is an industry, What is an industry? (a) Industry is a grou...

What is an industry? (a) Industry is a group of diverse businesses under common owners. (b) Industry is a group of firms whose products have same and similar attributes such

Explain federal trade commission, 1. Please explain, in detail, the strateg...

1. Please explain, in detail, the strategic issues both external and internal that Whole Foods' faces. 2. Please explain, in detail, the strengths, weaknesses, opportunities and th

Explain safetydrape will never become obsolete, 1. Time How has time aff...

1. Time How has time affected the Safetydrape product? a. The time dimension has not affected Safetydrape at all. b. The time dimension has had a huge effect on Safetydrap

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd