Author Question: Under the Commercial Paper Article of the UCC, which of the following requirements must be met for a ... (Read 88 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
Under the Commercial Paper Article of the UCC, which of the following requirements must be met for a person to be a holder in due course of a promissory note?
 a. The note must be payable to bearer.
  b. The note must be negotiable.
  c. All prior holders must have been holders in due course.
  d. The holder must be the payee of the note.

Question 2

Under the U.S. Sentencing Guidelines, companies that violate environmental laws may face reduced penalties if they volunteer to donate money to environmental education programs.
 a. True
  b. False
  Indicate whether the statement is true or false



ambernicolefink

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

.B

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

For a complete list of videos, visit our video library