jessrivers904 jessrivers904

19-12-2022
Business

Answered

To determine the value of a negotiable instrument, it is necessary to know when the maker, drawee, or acceptor is required to pay; when the obligations of secondary parties, such as indorsers will arise; when an
instrument is due in order to calculate when the statute of limitations may apply; and the exact interval during which the interest will accrue to determine the instrument's value at the present time.

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