Michael Is the Maker of a Note Which States That

question 2

Essay

Michael is the maker of a note which states that it will be due on March 10,2015.The note contains a clause stating that "payment will be limited to the proceeds of the sale of the contents of freight car No.1234." Is the note negotiable? Why or why not? Explain.

---

Definitions:

Wernicke's Area

A region of the brain concerned with the comprehension of language, located in the cortex of the dominant temporal lobe.

Broca's Area

An area located in the dominant hemisphere's frontal lobe, typically on the left side, of the brain, associated with the generation of speech.

Cerebral Cortex

The outer layer of the brain, responsible for complex cognitive functions such as thought, memory, and decision-making.

Anorexia Nervosa

Eating disorder in which people fail to maintain body weights that are normal for their age and height and have fears of becoming fat, distorted body images, and amenorrhea.