1. What are the key features that define an 'effect of commerce' in payment and credit instruments law?
2. Which of the following is NOT one of the 8 mandatory mentions required on an effect of commerce?
3. What is the legal consequence of omission or inaccuracy of the mandatory mentions on an effect of commerce?
Effects of commerce — features?
Negotiable, formal, autonomous titles
Mandatory mentions — number?
Eight mentions required
Nullity — cause?
Omission or inaccuracy of mentions
Effects commerce — definition?
Negotiable titles evidencing monetary claims.
Mandatory mentions — number?
Eight legal mentions required.
Nullity — causes?
Missing or inaccurate mentions.
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