TAILIEUCHUNG - Lecture Business law with UCC applications (13/e): Chapter 16 - Brown, Sukys

Chapter 16 - The nature of negotiable instruments. After completing this chapter, students will be able to: State the purpose of a negotiable instrument, explain those negotiable instruments that contain a promise to pay money, explain those negotiable instruments that contain an order to pay money, differentiate among the different types of checks and money orders,. | Business Law with UCC Applications,13e The Nature of Negotiable Instruments Chapter 16 McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Learning Objectives State the purpose of a negotiable instrument. Explain those negotiable instruments that contain a promise to pay money. Explain those negotiable instruments that contain an order to pay money. Differentiate among the different types of checks and money orders. Identify the requirements of a negotiable instrument. Learning Objectives (cont.) Explain an assignment and a negotiation of an instrument. Name and describe four kinds of indorsements. Identify the implied warranties related to indorsements. Explain the contract that is made when people indorse negotiable instruments. Describe the legal effect of a forged indorsement. The Nature of Negotiable Instruments The Essentials of Negotiable Instruments Promise and Order Instruments Parties to Negotiable Instruments Requirements of Negotiable

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