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In your own words, please answer Case Problem #2 found at the end of Chapters 25
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In your own words, please answer Case Problem #2 found at the end of Chapters 25
In your own words, please answer Case Problem #2 found at the end of Chapters 25-28 in your Business Law text. Submit all Chapters Case Problem in one (1) word document. There should be one Case Problem submitted for each chapter (Case Problem #2). Steps/Format to answer the Case Problem: Identify the issue in the case. (For example, "Should the checks Brandywine issued after Saunders' death count as payment on the note?" (Chapter 21, Case Problem #6)) Answer the question presented. (For example, "No, the checks Brandywine issued after Saunders' death do NOT count as payment on the note." (Chapter 21, Case Problem #6)) Explain why you reached the answer you reached. (For example, "The payments issued were delivered to Francina Mitchell, not to the actual representative, Calvin Jackson. Negotiable instruments must be issued and delivered to have any effect. To be issued, the maker has to deliver the instrument with the intent to give up rights in the instrument to another. Because the payments were never issued and delivered to the correct party, the payments do NOT count as payment on the note." (Chapter 21, Case Problem #6))

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