Legal Question in Business Law in Pennsylvania

business law
1. Moore issues a negotiable promissory note payable to the order of Parish for the amount of $3,000. Parish raises the amount to $13,000 and negotiates it to Holton for $12,000. (a) If Holton is a holder in due course, how much can she recover from Moore? How much from Parish? If Moore�s negligence substantially contributed to the making of the alteration, how much can Holton recover from Moore and Parish, respectively?

(b) If Holton is not a holder in due course, how much can she recover from Moore? How much from Parish? If Moore�s negligence substantially contributed to the making of the alteration, how much can Holton recover from Moore and Parish, respectively?

Asked on 7/12/07, 4:56 pm

Roger Traversa Arjont Group (Law Office of Roger Traversa)

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0 attorneys agreed

Re: business law

You asked a question from a law exam.

Do your own homework.

If this is an actual dispute then you need to hire an attorney and determine which party you are. I could make an argument for any of the parties.

Regards,

Roger

Answered on 7/12/07, 7:35 pm

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