What is order paper and what is bearer paper? What are the main types of negotiable instruments? 3. What is the law merchant? 4. Who owns a corporation? 5. Who are the promoters of a co

06 Dec What is order paper and what is bearer paper? What are the main types of negotiable instruments? 3. What is the law merchant? 4. Who owns a corporation? 5. Who are the promoters of a co

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Please provide a brief answer to each of the following questions:

1. What is order paper and what is bearer paper?

2. What are the main types of negotiable instruments?

3. What is the law merchant?

4. Who owns a corporation?

5. Who are the promoters of a corporation?

6. What is the function of the board of directors in a corporation?