To “accept for value” is to give value in exchange therefore. Perfect example is a “loan” transaction (minus the subrogation); a $20,000 note in exchange for $20,000 in a deposit account. The note was “accepted for value” bc value was exchanged for it. Great video…
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To “accept for value” is to give value in exchange therefore. Perfect example is a “loan” transaction (minus the subrogation); a $20,000 note in exchange for $20,000 in a deposit account. The note was “accepted for value” bc value was exchanged for it. Great video…
For further explanation see What Does Accepted For Value Mean?
by Byron Beers archive.org/details/WhatDoesAcceptedForValueMean
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Say that in English
I thought I was speaking English the whole time, what language does it sound like I was using?
I want to take your law class, I will message you on Insta. I think you have one this Saturday?
Hi, you can reach me via dm through my instagram and we can get you set up. Thanks and I look forward to seeing you instagram.com/thewinnerscircle2