Explain the requirement for a fixed amount in negotiable instruments?
What will be an ideal response?
To be negotiable, an instrument must contain a promise or an order to pay a fixed amount of money. The fixed amount requirement ensures that the value of the instrument can be determined with certainty. The principal amount of the instrument must appear on the face of the instrument. An instrument does not have to be payable with interest, but if it is, the amount of interest being charged may be expressed as either a fixed or variable rate. The amount or rate of interest may be stated or described in the instrument or may require reference to information not contained in the instrument. If an instrument provides for interest but the amount of interest cannot be determined from the description, interest is payable at the judgment rate (legal rate) in effect at the place of payment of the instrument.
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A) selective retention B) selective distortion C) cognitive dissonance D) selective attention E) cognitive bias
Which of the following is defined as how much work goals align with an employee’s personal standards?
A. job involvement B. employee engagement C. meaning D. perceived organizational support
Which sentence expresses numbers correctly?
A) We hired twenty-one temporary workers during the Christmas season. B) We hired twenty one temporary workers during the Christmas season. C) We hired 21 temporary workers during the Christmas season.
A researcher studying the fact that in some nations black is a sign of mourning while in others white is a sign of mourning would be studying
A. semantics. B. cultural symbolism. C. semaphorics. D. semiotics. E. cultural linguistics.