Author Question: The sum payable in a negotiable instrument cannot be dependent on future profits. Indicate whether ... (Read 65 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?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

For a complete list of videos, visit our video library