GO TO OCE login UML Introduction to Business Law – Sec 062 FA19 MAiken>Week 6>Test2
1.Take the test
2.Post the discussion.(submit here)
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?