Author Question: The sum payable in a negotiable instrument cannot be dependent on future profits. Indicate whether ... (Read 99 times)

Mr3Hunna

  • Hero Member
  • *****
  • Posts: 536
The sum payable in a negotiable instrument cannot be dependent on future profits.
  Indicate whether the statement is true or false

Question 2

Which of the following is not a classification of ordinary bailments?
 A) for the sole benefit of the bailor
 B) for the sole benefit of the bailee
 C) for the sole benefit of the third party beneficiary
 D) for the mutual benefit of the bailor and the bailee



juiceman1987

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

TRUE

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

For a complete list of videos, visit our video library