Hayden owes Luther 5000. Hayden will only be able to pay this debt if he is able to sell his one-year-old Harley motorcycle, valued at 20,000. Hayden writes a check to Luther that reads, Payable to the order of Luther the sum of 5000 as soon as my Harley motorcycle sells for a reasonable amount. This check is
A)negotiable, assuming Luther accepts delivery of the check.
B)negotiable if Hayden also includes a date that he expects the motorcycle to sell.
C)non-negotiable because it does not state a definite amount of money.
D)non-negotiable because the check is conditional.
Question 2
Under Incoterms, a sale on terms DDP represents the minimum responsibility of the seller and the maximum responsibility of the buyer.
Indicate whether the statement is true or false
In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con
Poverty comes in many forms. Families who go into debt to buy possessions squeak by month after ...
Martin Luther King Jr. (1929–1968).
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
US federal budget deficit/surplus and debt
If the entropy of a collection of molecules in 5000 boxes is 1.76 × 10-20 J/K, how many ...