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Negotiability Instrument Examples

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Provide an example of a "negotiable instrument," with specific details, and explain why this instrument meets the requirements of negotiability. Additionally, how would changing one detail of the instrument make it non-negotiable?
Does having a smartphone-based payment system entail more or fewer security risks than carrying a traditional wallet, and why?
Can bitcoin be the currency used in a negotiable instrument? Why or why not? Please refer to Forbes article "Business Bitcoin Legitimacy, Potential Regulation".
Explain three factors that the UCC has established that do not affect negotiability and explain the policy as to why these factors do not affect negotiability.

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Solution provides an example of a "negotiable instrument," with specific details, and explains why this instrument meets the requirements of negotiability. Additionally, how would changing one detail of the instrument make it non-negotiable?
Does having a smartphone-based payment system entail more or fewer security risks than carrying a traditional wallet, and why?
Can bitcoin be the currency used in a negotiable instrument? Why or why not? Please refer to Forbes article "Business Bitcoin Legitimacy, Potential Regulation".
Explain three factors that the UCC has established that do not affect negotiability and explain the policy as to why these factors do not affect negotiability.

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Negotiabllity

*Provide an example of a "negotiable instrument," with specific details.

Example: a check

See: Cornell University School of Law: https://www.law.cornell.edu/wex/Negotiable_instruments

* Explain why this instrument meets the requirements of negotiability.

The instrument meets the requirements of negotiability because according to the link above, it's defined by the UCC as, "an ...

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