2D and 2K Nego Assignment

ASSIGNMENT
I. MEMORIZE:
Secs. 1-9, 126, 184 & 185 of the NIL.
II. DEFINE:
a) Negotiable instruments;
b) Negotiability;
c) Accumulation of secondary contracts;
d) Negotiation;
e) Indorsement; &
f) Holder.
III. Are the following negotiable within the meaning of the Negotiable Instruments
Law? Explain.
1) Negotiable Documents of Title;
2) Money Order;
3) Certificate of stocks; &
4) Treasury warrants.
IV. CASES:
Digest the following (submit on 25 July 2017):
NEGOTIABILITY
1. Philippine Education Co. vs. Soriano, 39 SCRA 587
2. Caltex Phil. vs. Court of Appeals, 212 SCRA 448
3. Metrobank vs. Court of Appeals, 194 SCRA 168
4. Sesbreno vs. Court of Appeals, 222 SCRA 466
5. Firestone Tire & Rubber Co. vs. Court of Appeals, 353 SCRA 601 (G.R. No. 113236,
March 5, 2001)
6. Salas v. Court of Appeals, 181 SCRA 296
PAYABLE TO BEARER
7. Ang Tek Lian vs. Court of Appeals, 87 SCRA 383