Tim Wrote a Negotiable Note

question 32

True/False

Tim wrote a negotiable note.Subsequently,Tim's debts were discharged in bankruptcy.If a holder in due course presents the note for payment,Tim does not have to pay.

---

Definitions:

Video Conferencing

Video conferencing is a technology that allows people in different locations to hold face-to-face meetings without having to move to a single location physically.

Contingency Plan

A strategy or plan designed to take into account possible future events or conditions that might affect the outcome of a project or situation.

Software Application

A program or suite of programs designed to perform specific tasks for users.