The ancient ________,or law of merchants,of ________ recognized that agreements could be paid for with documents that promised payment and that these documents themselves could then be circulated as a substitute for money.
A) Lex merchantia;France
B) Lax merchant;Italy
C) Lexi merchant;France
D) Lax trade;England
E) Lex mercatoria;England
Correct Answer:
Verified
Q34: Which of the following terms is a
Q35: In Samuel James Thompson v.First Citizens Bank
Q36: Documents used as payments to facilitate commercial
Q37: What is the UCC's definition of an
Q38: With a[n] _ instrument,payment can be made
Q40: A certificate of deposit is a _
Q41: Which of the following is true regarding
Q42: Negotiable instruments payable to whoever is bearing
Q43: Which of the following is assumed by
Q44: Under the UCC which of the following
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents