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ASHFORD BUS 607 BUS607 WEEK 4 DISCUSSON 1 NEGOTIABILITY ANSWER

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BUS 607 Week 4 Discusson 1 Negotiability

Discuss two of the follwing items in your initial post:

• Provide an example of a “negotiable instrument,” with specific details, and explain why this instrument meets the requirements of negotiability. Additionally, how would changing one detail of the instrument make it non-negotiable?

• Does having a smartphone-based payment system entail more or fewer security risks than carrying a traditional wallet, and why?

• Can bitcoin be the currency used in a negotiable instrument? Why or why not? Please refer to Forbes article “Business Bitcoin Legitimacy, Potential Regulation”.

• Explain three factors that the UCC has established that do not affect negotiability and explain the policy as to why these factors do not affect negotiability.

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