Explain features and advantages of the shelter principle/ Marketing Management
Negotiable Instruments & Holder in Due Course
Label all parts of the paper clearly as listed below. There are 3 parts to the project paper.
Part I: Negotiable Instruments
Negotiable instruments have been a part of commerce since the Middle Ages and have become increasingly common in modern commerce and business transactions.
A. Explain at least 3 reasons why negotiable instruments are advantageous and important to commerce.
B. Discuss at least 3 disadvantages/problems for commerce if negotiable instruments were eliminated.
Part II: Holder in Due Course (HDC) Shelter Principle
The Shelter Principle related to HDC transactions is often controversial.
A. Discuss and explain at least 2 positive features/advantages of the Shelter Principle.
B. Discuss and explain at least 2 negative features/disadvantages of the Shelter Principle.
Part III. Holder in Due Course (HDC) Debate
Cosider the positives and negatives of HDC status.
A. Defend (argue in favor of) the following statement: The status of HDC for those who possess negotiable instsruments should be eliminated.
B. Defend (argue in favor of) the following statement: The status of HDC for those who possess negotiable instsruments should NOT be eliminated.
