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Ashorn Ashorn
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6 years ago
A court in British Columbia decided that a promissory note payable at a variable interest rate (e.g., prime + 1% per annum) was not a negotiable instrument. Why might the court make this decision? How might the decision affect the rights of a third party obtaining the promissory note through endorsement?
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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AlexStanfordAlexStanford
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6 years ago
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Ashorn Author
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6 years ago
Came right on time, ty so much!
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