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Is a mortgage a negotiable instrument?
No, a mortgage is a contract.
What is material alteration in discharge of contract?
essential of negotiable instrument say's that a negotiable instrument must be unconditional so when we will alter any condition in it then it will be discharged.
A note receivable is a negotiable instrument which?
can be transferred to another party by endorsement.
Is share certificate a negotiable instrument?
yes, its a non negotiable instrument
Is share certificate a non negotiable instrument?
yes, its a non negotiable instrument
What is Currency notes?
A currency note is a banknote -- a type of negotiable instrument known as a promissory note, made by a bank, payable to the bearer on demand.
Is a wire transfer a negotiable instrument?
No You are asking if the medium of transfer is a negotiable instrument It is not. A wire transfer represents the medium (or method) of transfer. It is like asking if the stage coach transporting the money is a negotiable instrument, it is not. Money itself is a negotiable instrument, the medium itself is not.
Is cash a negotiable instrument?
No. Money is a non-negotiable instrument. All monetary instruments like currency notes or coins have a fixed value and it does not change every day. For example if you have a US $10 note in your hand, the value of that currency note is US $10 and that is exactly what it would be 100 years from now.
Does a post dated check comply with the definition of a check and is such a check a valid negotiable instrument?
no it does not complt with the definition of a cheque and its not a valid negotiable instrument
What are the different types of negotiable and non negotiable instruments?
types of negotiable instruments are drafts ,checks,notes,and certificates of deposit# Types of negotiable instruments are 1.drafts -An order by one person to another person or to bear, 2.check- A draft drawn on a bank and payable on demand to bearer, 3. certificates of deposit- A note made by a bank acknowledging a deposit of funds made payable to the holder of the note, and 4. Note- A promise by one party to pay money to another party or to bearer.
Is a certificate of deposit a negotiable instrument?
yes
Is a cheque negotiable instrument?
No. A cheque is a non-negotiable monetary instrument. The value of the cheque cannot be modified or negotiated and hence the term non-negotiable. The amount filled up by the cheque issuer is the value of the cheque and it would not change.
