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commercial paper: article 3 of the ucc

This class was created by Brainscape user Brittney Renzulli. Visit their profile to learn more about the creator.

By: Brittney Renzulli
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Decks in this class (7)

OVERRIDING BRIGHT-LINE RULE!
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1  cards
When do we have a NEGOTIABLE INSTRUMENT as opposed to a mere contract?
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14  cards
When dealing w/ commercial paper, on what theories might the D get sued?
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7  cards
How is a negotiable instrument DULY NEGOTIATED? (aka what makes the transfer proper?)
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7  cards
How does a transferee qualify as a HOLDER IN DUE COURSE?
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6  cards
What are CLAIMS, PERSONAL DEFENSES, and REAL DEFENSES?
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5  cards
Duties & Liability of Parties When a Negotiable Instrument is Forged or Altered
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7  cards

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commercial paper: article 3 of the ucc

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