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

Explain opportunities that have inspired change in business, Generate and d...

Generate and discuss examples of problems and opportunities that have inspired change in business today

Explain benefits and variable pay, Benefits and Variable Pay Please respond...

Benefits and Variable Pay Please respond to the following- • Analyze the types of benefits usually available in the health care industry and determine which benefits are most im

Explain what kind of training should be done, Performance problems seem all...

Performance problems seem all too common in your workplace. People don't seem to be putting forth the needed effort, and interpersonal conflict on the work teams seems to be a cons

Explain affirmative action, When it is claimed that people that ‘pay' for w...

When it is claimed that people that ‘pay' for wrongs are unfairly burdened and should not bear the responsibility for the acts of others, they are opposing to Answer reverse discri

Production control, Production Control After planning the next manageri...

Production Control After planning the next managerial production function is to control the production according to the production plans because production plans cannot be acti

Explain could speed up a floor buffing machine, Consider this situation: Jo...

Consider this situation: Joseph had an idea that he could speed up a floor buffing machine by putting a different motor on it. After about 25 tries he was able to make a buffer run

Explain companies choose not to tie resources to their job, Some companies ...

Some companies choose not to tie resources to their projects. In what ways does this benefit a project? In what ways does this hinder a project?

DISCUSSION, Has the growth of self-directed teams to manage work in organi...

Has the growth of self-directed teams to manage work in organizations changed the need for strategic, tactical, and operational decision making in business? Explain why or why not

Expalin possible core competencies of wild west, Wild west,Inc., is a regio...

Wild west,Inc., is a regional telephone company that inherited nearly 100,000 employees and 50,000 retirees from AT&T. Wild West Inc. has a new mission: to difersify.It calls fo

Explain meeting organizational objectives, Write a 350- to 700-word paper t...

Write a 350- to 700-word paper that defines and compares and contrasts the following: • Innovation• Design• Creativity Describe the importance of the three items in meeting organiz

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