MoorLife Equity University 🇲🇦🇺🇸
Millions of people use the phrase “accepted for value” everyday without knowing what it means and why it is so powerful. You have the right to make personal choices that affect your commercial affairs. You can be in control, or you can be controlled. Acceptance for value is
one means of being in control.
Accepted for Value (A4V) is at the foundation of remedies available for commercial demands made by the United States, so many people have attempted to use it to close accounts in the United States. Even so, no one has had a good explanation of what A4V means. Here is an attempt to clarify.
Introduction:
The Uniform Commercial Code in Article 3 that deals with negotiable instruments is one source of explanation. Article 8 deals with investment securities, and Article 9 deals with secured transactions. In addition to opinions written by judges to shed light on our remedies, all three of these articles hold a key to understanding commercial setoff. The UCC had an overhaul in 2000, but the major principles remain the same. The changes appear to be to the sections that deal with secured transactions (Article 9) and some with investment securities (Article 8), but negotiable instruments are what lead to those securities. The phrase "accepted for value" has little coverage in the code books or in court opinions. A better understanding of the commercial terms "acceptance" and "value" and how they relate to instruments in general would be a good place to start.
Stay informed my beautiful ppl…
Pax et Amor
MoorLife Ministry 🇲🇦🇺🇸