[§2.] What is the effect of inserting "or bearer," or, "or order"? If payable to order, how is it made negotiable? Why is a note called negotiable? If not negotiable, how is it to be sued?
[§3.] What is a blank indorsement? A full indorsement? What is sometimes done in case of a blank indorsement?
[§4.] Show, by example, the benefit of making a note payable to order instead of to bearer.
[§5.] Why are the words "value received" inserted? Is a note without these words collectable?
[§6.] In what different ways may notes signed by two or more persons be written, to be joint, or joint or several?
[§7.] By Whom may a negotiable note be sued? In what case can a holder of a note recover upon it, though he received it of a person who had stolen it?
[§8.] To what rule is this an exception? Why is this exception?
[§9.] On the other hand, what is required to protect the owner? What should the owner do?
[§10.] What is the risk in buying a note after it has become due? How is it when no day of payment is expressed? What regulation exists in New Jersey and Pennsylvania?
[§11.] What is the law respecting notes payable in some commodity?