Study each of the following cases carefully. Briefly state the principle of law and your decision. Negotiable Instruments After Balkus died intestate, included among Balkus’s possessions were bank deposit slips for

Study each of the following cases carefully. Briefly state the principle of law and your decision.
Negotiable Instruments After Balkus died intestate, included among Balkus’s possessions were bank deposit slips for a savings account owned by him. On each deposit slip was a handwritten notation, “Payable to Ann Balkus Vesley [Balkus’s sister] on P.O.D. the full amount and other deposits.” Each slip was dated and signed by Balkus. His sister claimed that she was entitled to the money because “P.O.D.” meant “payable on death”; the deposits were negotiable instruments; and she was a holder in due course. Are the deposit slips negotiable instruments under the Uniform Commercial Code? [ Estate of Balkus , 381 N.W.2d 593 (Wisconsin)]
Principle of Law:
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Decision:
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