Examlex
Plotnik and Kouyoumdjian begin this module with a scene from a campus mugging.Their point is to show that:
Enforce
To compel observance of or compliance with a law, rule, or obligation.
Negotiable Promissory Note
A financial document that contains a written promise to pay a specified sum of money to a named person or bearer under certain terms.
Worthless Securities
Financial instruments that have lost all monetary value, often resulting in a total loss for the holder.
Holder in Due Course
A legal term for a person who has acquired a negotiable instrument in good faith and for value, and thus has certain rights to it free from many defenses.
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