Explain there is a contract and a negotiable instrument and, Ask an Expert

Management Studies

Joe buys a 4-year old car from Mary, and gives Mary a written note that "acknowledges his debt in the amount of $5,000, payable to Mary." Is there a contract between Joe and Mary, and is this a negotiable instrument?

A. There is a contract and a negotiable instrument.

B. There is neither a contract nor a negotiable instrument.

C. It is a negotiable instrument, but not a contract.

D. It is a contract, but not a negotiable instrument.

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M9279994

Have any Question?Write your Review or question?

Related Questions in Business Management

Do you think there is some type of diversity we really

Do you think there is some type of diversity we really aren't interested in? Or, perhaps what we really are looking for is an end to discrimination, but at some point in the last 10-15 years that has morphed into the con ...

Is the great man perspective on leadership still in use

Is the Great Man perspective on leadership still in use today? Discuss.

Tell me something about daimler case with amazon and its

Tell me something about Daimler case with amazon and its references.

Why do you think grafton furniture might be keen to

Why do you think Grafton furniture might be keen to increase steven Grafton's span of control.

As the economy continues to strengthen where do you see

As the economy continues to strengthen, where do you see transportation contributing to the growth?

Sumco a company that sells pump housings to manufacturers

Sumco, a company that sells pump housings to manufacturers, would like to reduce its inventory cost by determining the optimal number of pump housings to obtain per order. The annual demand is 1,000 units, the ordering c ...

Discuss how strategic management differs from

Discuss how Strategic Management differs from Economics Discuss how Strategic Management differs from Business Management

1 how will social learning and social networks influence

1) How will social learning and social networks influence employee expectations about learning, training, and development?

Discuss the advantages of having and interacting in a

Discuss the advantages of having and interacting in a diverse workplace. Consider the wide range of ideas and perspectives that a range of team members bring to a team, that are of differing ages, ethnic backgrounds and ...

What are ways that program evaluation and financial

What are ways that program evaluation and financial leadership should be linked to strategic planning. What are the importance of how strategic planning is tied to organizational effectiveness.

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert