What changes occurred after watching UCC video three?

The speaker mentions it changed everything, leading to pausing work with a new client, and brought excitement about legal actions against institutions.

How did the speaker respond to the SBA about Covid loans?

The speaker requested an address to serve legal summons but was sent to collections instead.

What is discussed regarding signatures and legal documents?

The discussion covers manual and machine-made signatures, the significance of representative signatures, and different legal interpretations.

Why is there mention of fictitious payees and imposters?

To explain how legal definitions influence the handling of negotiable instruments and payments.

How does the speaker view the legal system and institutions?

The speaker seems critical of the legal system, viewing it as complicated and sometimes inefficient.

What emphasis is placed on legal understanding?

The speaker stresses the importance of questioning legal definitions and understanding endorsement technology.

What tone does the speaker use throughout the discussion?

An intense and sometimes confrontational tone, filled with legal terminology and a focus on rights.

How does the speaker deal with gaps in legal understanding?

By emphasizing research, discovery, and the idea that even legal professionals might not fully understand complex laws.

What is endorsement technology referred to as?

It's described as the technology of performance, payment, and assigning transferable rights in negotiable instruments.

What kind of legal topics does this video cover?

The video covers UCC articles, signature roles, imposters, fictitious identities, and banking responsibilities.

A Journey Through UCC 3 - Part 4 (Covering UCC 3-4XX) - Brandon Joe Williams

01:54:49

https://www.youtube.com/watch?v=hUbAqZTBC1A

Summary

TLDRThe speaker shares revelations and excitement from a legal video related to Uniform Commercial Code (UCC) articles. After watching UCC video three, which has largely influenced their strategy and viewpoint, the speaker pauses and resumes actions with clients, indicating a significant shift in approach against institutions. The speaker shares a confrontational approach with the Small Business Administration about issues related to Covid loans and collections. There is a deep dive into legal topics such as the significance of signatures, representative roles, imposters, fictitious payees, endorsements, and payment technology. Additionally, the speaker touches upon legal definitions and litmus tests regarding instruments, while expressing a sense of motivation and challenge against the legal system's complexity. Stressing the need for clarity in legal language and encouraging questioning each legal concept, the video delivers a rigorous analysis that is both passionate and intense. Various examples and speculation about legal maneuvers display a methodical yet aggressive approach toward understanding complex financial and legal interactions.

Takeaways

📈 UCC video three significantly impacts the speaker's legal approach.
🔍 Challenges faced with the SBA over Covid loans are highlighted.
✍️ Importance of understanding how signatures work in legal documents.
🏦 Explores legal terms like imposters and fictitious payees.
💼 Delves into banking laws and financial transaction responsibilities.
🔗 Emphasizes the value of researching and understanding legal definitions.
📚 Highlights the complexity and potential inefficiency of the legal system.
🧩 Endorsement technology is crucial for processing negotiable instruments.
❓ Encourages questioning legal terms and understanding their impact.
🚂 Uses intense and confrontational tones to convey urgency and challenge.

Timeline

00:00:00 - 00:05:00
The speaker expresses excitement and eagerness about upcoming plans involving legal actions and hints at suing institutions. He shares a story of his interaction with the SBA regarding collections, hinting at being unfazed and prepared to counter them.
00:05:00 - 00:10:00
He continues to express enthusiasm about sharing information related to UCC (Uniform Commercial Code) Article 3, suggesting big developments are on the way. He hints at having some previously unannounced insights ready to share.
00:10:00 - 00:15:00
The speaker mentions legal actions he has taken personally, such as filing a UCC-1 financial statement, and invites viewers to check detailed information about his legal changes, web pages containing this information are discussed.
00:15:00 - 00:20:00
The video continues with the speaker discussing legal liabilities related to signing instruments under UCC 3-4xx. He explains the importance of understanding who is liable when someone's name or signature is involved in legal instruments.
00:20:00 - 00:25:00
He further elaborates on the concept of a signature, explaining its importance and how it can be made with various devices or personal marks. He breaks down legal jargon into understandable concepts and shows interest in demystifying them.
00:25:00 - 00:30:00
In this section, the speaker dives into the role of a representative in signing documents, touching on the legal implications and stressing understanding one's representation and liability when part of such agreements.
00:30:00 - 00:35:00
He discusses the complexity of liability and representation further, focusing on aspects like benefiting from UCC transactions without being directly documented. Highlighting the usage and implications of authenticating instruments is key here.
00:35:00 - 00:40:00
The speaker elaborates on 'fictitious payees' and 'imposters' in financial terms, exploring legal definitions and expressing dissatisfaction with how such terms are interpreted without clarity or uniformity in real-world application.
00:40:00 - 00:45:00
Continuing with the conversation on imposters and fictitious entities, the speaker references the online disappearance of legal resources, interpreting this as a sign of institutions being under pressure or fear due to increased public scrutiny.
00:45:00 - 00:50:00
The speaker shifts focus to legal obligations under the UCC, particularly around understanding the nuanced definitions and complexities involved in endorsing documents and what constitutes fully vetted transactions within this framework.
00:50:00 - 00:55:00
The speaker explores concepts like 'unauthorized signatures' and 'acceptance,' delving into what constitutes a legally binding agreement and how transactions are validated under these rules, presenting a mix of clarity and confusion.
00:55:00 - 01:00:00
There's a strong emphasis on understanding the legal implications of accepting or endorsing negotiable instruments, with hints of the speaker’s personal experiences and challenges in navigating these legal frameworks.
01:00:00 - 01:05:00
Exploring 'acceptance of a draft,' the speaker elaborates on sophisticated legal agreements, providing detailed scenarios and contemplating the essence of legal obligations tied to accepting financial documents.
01:05:00 - 01:10:00
Returning focus to personal liability versus representation, the speaker continues dissecting UCC rules on endorsements, casting light on intricate legal nuances which determine personal versus institutional accountability.
01:10:00 - 01:15:00
Further mentions of the potential conflict arising from lack of clear legal boundaries, focusing again on fiduciary duties and underlying principles guiding responsibility sharing in commercial exchanges are addressed.
01:15:00 - 01:20:00
The speaker continues, albeit with some fatigue, stressing the importance of scrutinizing legal definitions and expresses skepticism about the motivations driving unclear legislative jargon, hinting at more strategic lawsuits.
01:20:00 - 01:25:00
The discussion now evolves into considering warranty obligations within transfers, explaining the legal frameworks aimed at securing fair representation and protection against fraudulent or unreliable claims in financial agreements.
01:25:00 - 01:30:00
A philosophical aside touches on the nature of legal terms as hidden, expressing his perception of how they mask straightforward interactions under layers of complexity, labeling the process as legally occult and unnecessarily convoluted.
01:30:00 - 01:35:00
The conversation dives into the procedural standards under UCC that guide expectations in holding individuals accountable for breaches, focusing on ensuring insightful scrutiny rather than superficial comprehension.
01:35:00 - 01:40:00
Despite facing challenges in understanding these pieces of legislation, he underlines the significance of consistent inquiry and unyielding scrutiny to unravel contested legal transactions’ authentic meanings.
01:40:00 - 01:45:00
Concluding with reflections on the nature of legal battles, the speaker reveals insights into his strategic thought processes, emphasizing relentless pursuit of truth and understanding against perceived institutional ignorance.
01:45:00 - 01:54:49
The video wraps up with the speaker expressing determination to continue his journey through legal complexities, albeit fatigued, and he promises future content focusing on exploring these intricate legal landscapes further.

Mind Map

Video Q&A

What changes occurred after watching UCC video three?
The speaker mentions it changed everything, leading to pausing work with a new client, and brought excitement about legal actions against institutions.
How did the speaker respond to the SBA about Covid loans?
The speaker requested an address to serve legal summons but was sent to collections instead.
What is discussed regarding signatures and legal documents?
The discussion covers manual and machine-made signatures, the significance of representative signatures, and different legal interpretations.
Why is there mention of fictitious payees and imposters?
To explain how legal definitions influence the handling of negotiable instruments and payments.
How does the speaker view the legal system and institutions?
The speaker seems critical of the legal system, viewing it as complicated and sometimes inefficient.
What emphasis is placed on legal understanding?
The speaker stresses the importance of questioning legal definitions and understanding endorsement technology.
What tone does the speaker use throughout the discussion?
An intense and sometimes confrontational tone, filled with legal terminology and a focus on rights.
How does the speaker deal with gaps in legal understanding?
By emphasizing research, discovery, and the idea that even legal professionals might not fully understand complex laws.
What is endorsement technology referred to as?
It's described as the technology of performance, payment, and assigning transferable rights in negotiable instruments.
What kind of legal topics does this video cover?
The video covers UCC articles, signature roles, imposters, fictitious identities, and banking responsibilities.

View more video summaries

Get instant access to free YouTube video summaries powered by AI!

Subtitles

Auto Scroll:

00:00:09
damn
00:00:27
it what's up you [ __ ] hooker
00:00:36
woo bro video number three has got me
00:00:39
bro video number three
00:00:43
bro I don't know it's been like a day or
00:00:45
two but I got to tell you
00:00:47
guys UCC video uh three uh part three
00:00:52
has
00:00:54
changed
00:00:57
everything I mean
00:01:00
we we've we've stopped and we paused
00:01:02
everything with the new client we
00:01:04
started everything up again and then now
00:01:06
we paused it
00:01:09
again I mean dude when I show you
00:01:12
guys what we're about to do
00:01:16
like
00:01:19
dude you have no
00:01:22
idea like these institutions and [ __ ]
00:01:25
like the people that we're going to be
00:01:26
suing like they
00:01:30
they they are they do not stand a chance
00:01:33
in all
00:01:36
hell I'm not going to say anything cuz I
00:01:39
want I want I want you guys to see it
00:01:40
not just hear it but but you you
00:01:43
literally have no idea
00:01:49
like
00:01:54
dude the SBA started coming after me for
00:01:56
the for the co I'm going to take this
00:01:57
off it's too hot for the co thing the
00:02:01
covid
00:02:03
loans and I said oh oh dude totally I
00:02:06
said oh I'm super excited if you guys
00:02:08
could just give me an address I got to
00:02:10
serve some a summons for a lawsuit would
00:02:12
love to send that to you and they just
00:02:14
they didn't even respond they just sent
00:02:15
me straight to collection
00:02:19
so I'm thrilled I'm thrilled they're
00:02:22
going to get hit with this new
00:02:24
system oh God they're just gonna oh you
00:02:26
have no idea it's it's not even
00:02:31
it's like getting hit with a train that
00:02:33
just packed with C4 all in the front and
00:02:36
the whole train just explodes when it
00:02:37
hits you at like 120 miles
00:02:41
hour I can't wait God I I was losing
00:02:45
sleep recently past several days because
00:02:47
I'm just laying there
00:02:49
like so [ __ ] excited bro about just
00:02:51
[ __ ] this [ __ ] up so good
00:02:57
[Music]
00:03:00
you have no
00:03:02
idea we are in some seriously exciting
00:03:04
times my
00:03:07
friends anyways welcome welcome welcome
00:03:10
welcome we have a long part to go
00:03:12
through today I'm not sure if I'll get
00:03:13
through all these we'll see this is UCC
00:03:17
3 uh UCC article 3 part 4 possibly 4.1
00:03:23
or 4.5 or four slash 4 hyphen one or
00:03:27
something we'll see
00:03:30
let's just get rolling on this and kind
00:03:32
of see where things go
00:03:35
okay uh 3-41 signature we've got a
00:03:39
person is not liable on it oh actually I
00:03:42
wanted to show you guys
00:03:44
something I got some stuff that I don't
00:03:46
think you guys have ever seen stuff that
00:03:48
I've never talked about stuff that I've
00:03:50
never announced I've never talked about
00:03:51
it on any shows I've never talked about
00:03:53
it anywhere if you go to ww williamsand
00:03:56
Williams lawfirm.com you go to the about
00:03:59
page and you scroll down to my my about
00:04:01
section I want to let you guys know that
00:04:03
I have a state case that I legally
00:04:05
changed my name from Brandon Joe
00:04:06
Williams all caps to the upper and lower
00:04:08
case uh link to that uh case so you can
00:04:12
get you can you can get more information
00:04:13
on it is here and then I also wanted to
00:04:15
show you guys here that I put uh my
00:04:18
trade name uh my USPTO uh information's
00:04:22
here in case you guys are are looking at
00:04:23
trademark in your name you can get a lot
00:04:25
of info from my page uh this is the full
00:04:28
USPTO breakdown of everything and you
00:04:31
can click these breakdowns and you can
00:04:33
see all the different things that I did
00:04:37
in my in my case
00:04:40
right uh that's not my address uh
00:04:43
currently and don't call me by the way
00:04:46
uh or email me and if you do you're
00:04:48
going to get blocked just to let you
00:04:50
know uh and yeah so go through here and
00:04:55
you can see all the good stuff here and
00:04:57
then I also when I finished uh video
00:05:00
three I literally did not go to bed that
00:05:04
night until I had completed filling out
00:05:06
my first
00:05:08
ucc3 uh or I'm sorry us to see1 and you
00:05:11
guys are going to laugh your ass off
00:05:12
when you read some of this it's not
00:05:14
entirely correct like I'm probably going
00:05:15
to do some corrections on this I just
00:05:17
literally would not let myself sleep
00:05:20
that night until I had filed my UCC one
00:05:22
so you guys can go through here and take
00:05:24
a look and kind of get a good laugh out
00:05:25
of this uh you might find it interesting
00:05:28
and I wanted to you guys those three
00:05:30
links uh in the about page on
00:05:34
WW and okay good so let's get back to
00:05:36
this let's get rolling on this I don't
00:05:37
want to be here all night so uh part
00:05:40
four 3- uh uh
00:05:44
4xx signature a person is not liable on
00:05:47
an instrument unless one the person
00:05:49
signed the instrument or two the person
00:05:51
is represented by an agent or
00:05:53
representative who signed the instrument
00:05:55
and the signature as binding on the
00:05:56
represented person this is an
00:05:59
interesting conversation for the El caps
00:06:01
name because you're actually signing on
00:06:02
behalf of the ELC Cap's name so the
00:06:05
person is represented by an agent or
00:06:07
representative who signed the instrument
00:06:09
and the signature is binding on the
00:06:10
represented
00:06:12
person that's pretty much what you're
00:06:14
always doing you're never really the
00:06:16
person who signed the
00:06:18
instrument you're the person who is
00:06:20
represented by an agent who signed the
00:06:22
instrument just to be clear
00:06:26
okay a signature may be made manually or
00:06:29
by means of a device or machine and two
00:06:32
by the use of any name including a trade
00:06:34
or assume name or by a word Mark or
00:06:38
symbol executed or adopted by a person
00:06:40
with present intention to authenticate a
00:06:43
writing
00:06:45
interesting so it's almost like the
00:06:47
definition of the word signature it's
00:06:48
it's actually a beautiful definition you
00:06:50
know you know I'm I'm not here to poo
00:06:52
poo on the UCC I actually think this
00:06:54
stuff is incredible I I think that this
00:06:56
is actually really cool um you know
00:06:59
manually by by means of a of a device or
00:07:02
machine and by use of any name including
00:07:04
a trade or assume name or by a word Mark
00:07:07
or symbol executed or adopted by a
00:07:10
person with present intent intention to
00:07:13
authenticate a writing
00:07:15
so if you do some horeshit you know
00:07:18
symbol that represents your and you
00:07:20
think you're all freaking cool look how
00:07:21
cool I am with my with my loopy loop L
00:07:24
and my Loop to Loop whatever like look
00:07:26
how cool my signature is I have the
00:07:28
coolest signature ever and you have like
00:07:30
one of them high-end signature Fountain
00:07:32
pin and you go in there you're like
00:07:34
check out how cool I am bro with my
00:07:36
sweet signature
00:07:39
bro well you're getting [ __ ] and
00:07:42
you're [ __ ] uh it's okay we're all
00:07:46
here to
00:07:47
learn that's this
00:07:49
one signature by representative o
00:07:54
ooh how do they say it in the
00:07:57
oh the [ __ ]
00:08:00
like in the like in uh I want to say
00:08:03
hentai but it's not s uh what is it uh
00:08:07
anim or whatever like the [ __ ] memes
00:08:10
with the
00:08:12
girls so all right all right signature
00:08:15
by representative what is this uh if a
00:08:18
person acting or purporting to act as
00:08:21
representative signs an instrument by
00:08:22
signing either the name of the
00:08:23
represented person now remember
00:08:26
represented person basically means
00:08:28
beneficiary
00:08:32
remember uh remember they say
00:08:34
represented person and fiduciary those
00:08:36
are the two terms they use remember
00:08:39
that you can click on this and find it
00:08:41
it's not in this it's in it's in an
00:08:44
actual SE section uh represented person
00:08:48
where is it at
00:08:53
represented well it's not even here it's
00:08:56
it we saw it earlier it's in that area
00:08:58
breach of fiduciary
00:09:02
duties you should remember I remember
00:09:06
breach where is it at notice a breach of
00:09:09
fiduciary duties
00:09:10
3-37 remember this we got fiduciary and
00:09:14
we got represented person fiduciary
00:09:16
means an agent trustee partner corporate
00:09:18
officer or director or other
00:09:20
representative owing a fiduciary duty
00:09:22
with respect to an instrument and then
00:09:23
you have represented person means the
00:09:25
principal beneficiary partnership
00:09:28
Corporation so it's it means a little
00:09:30
bit more than that but but for the
00:09:31
Simplicity of this we've got basically
00:09:33
trustee and beneficiary pretty much not
00:09:36
not not entirely but I'm trying to keep
00:09:40
this simple
00:09:42
right so
00:09:45
um uh by assigning either the name of
00:09:47
the represented person or the name of
00:09:48
the signer the represented person is
00:09:50
bound by the signature to the same
00:09:52
extent the represented person would be
00:09:53
bound at the
00:09:55
signature uh were on a a single a simple
00:09:58
contract
00:10:00
if the represented person is bound the
00:10:03
signature of the representative is the
00:10:05
authorized signature of the represented
00:10:07
person and the represented person is
00:10:09
liable on the instrument whether or not
00:10:10
identified it in the instrument so what
00:10:12
they're saying here is you don't know
00:10:15
there's two parties allc Cap's name and
00:10:17
and you is the natural person and and we
00:10:21
we're going to get you to sign on behalf
00:10:23
of the ELC Cap's name and then you're on
00:10:25
the hook just as much as the ELC Cap's
00:10:27
name is essentially
00:10:36
if a representative signs the name of
00:10:37
the representative to an instrument and
00:10:38
a signature is an authorized signature
00:10:40
represented person the following rules
00:10:42
apply if the form of the signature shows
00:10:45
unambiguously that the signature is made
00:10:47
on behalf of the represented person
00:10:48
who's identified the instrument the
00:10:49
representative is not
00:10:52
wait o what do we have here if a
00:10:56
representative signs the name of the
00:10:59
representative to an instrument and the
00:11:01
signature is an authorized signature of
00:11:03
the represented person the following Ro
00:11:04
apply in the form if the form of the
00:11:06
signature shows
00:11:12
unambiguously that the signature is made
00:11:15
on behalf of the representative person
00:11:17
who has identified in the
00:11:18
instrument the representative is not
00:11:21
liable on the instrument oh God
00:11:25
damn wait a second
00:11:33
if the form of the signature shows
00:11:36
unambiguously that the signature is made
00:11:38
on behalf of the represented
00:11:41
person who was identified in the
00:11:43
instrument the represented reprentative
00:11:45
is not liable on the
00:11:48
instrument form of the sign
00:11:54
show
00:11:56
huh I'm not totally sure on this I have
00:11:58
seen
00:11:59
things
00:12:01
where you have something like I've
00:12:04
written this before many times like
00:12:05
especially with the DMV because I hate
00:12:07
the DMV you have
00:12:10
by uh and then you have Brandon Joe
00:12:15
Williams agent and
00:12:18
then hit enter and go one line below but
00:12:21
I can't do that here I'm just doing this
00:12:23
to show you and then the next line below
00:12:26
not to the right but below but I can't
00:12:28
do that here CU if I hit enter it's
00:12:30
going to go to a URL and then you have
00:12:33
for colon Brandon Joe
00:12:37
Williams
00:12:40
principal so that's that's stating
00:12:43
clearly that there's an there's a
00:12:45
there's a someone signing on behalf of
00:12:48
someone else I do that sometimes you
00:12:51
know for sure so keep that in mind you
00:12:53
can always do that as well these are all
00:12:55
endorsements this is all endorsement
00:12:58
technology everything we're learning is
00:12:59
endorsement technology and what is
00:13:00
endorsement technology it's the
00:13:02
technology of
00:13:04
performance and what is performance
00:13:08
payment it's the technology of payment
00:13:12
we are learning a technology what is the
00:13:14
definition of Technology it's it's a a a
00:13:17
bunch of things that you can do to to
00:13:21
effectively um uh cause some sort of
00:13:24
action or thing to take place the
00:13:27
technology of changing oil would be step
00:13:30
by step what actions need to take place
00:13:32
in order to have the product of changed
00:13:35
clean functional oil in
00:13:39
engine so when I say
00:13:41
technology we're learning a technology
00:13:45
of how to uh assign transfer or redeem
00:13:49
or give someone else the ability to
00:13:51
assign transfer or redeem a negotiable
00:13:54
instrument that would be the the that
00:13:55
would be the definition of a the
00:13:58
technology G of
00:14:02
endorsements so so you can ask yourself
00:14:04
am I assigning transferring or redeeming
00:14:08
or am I giving someone else the ability
00:14:10
to transfer assign or redeem that's
00:14:12
that's that's it that's the whole
00:14:14
conversation that's the whole
00:14:15
technology okay that's all we're
00:14:17
learning here that's all we're learning
00:14:20
here okay this is the technology of
00:14:23
endorsement the technology of
00:14:26
performance the technology of
00:14:29
payment it means all the same thing so
00:14:33
we are learning how to do that and
00:14:34
that's all we're doing in these videos
00:14:37
which seems like not a lot but it's
00:14:38
infinite money so it's kind of
00:14:42
funny I'm not totally sure on this one
00:14:45
but that's kind of what I get from it
00:14:46
what I just explained to you guys let's
00:14:47
go to the next
00:14:49
one if the signature um the form of the
00:14:54
signature does not show I'm going to
00:14:55
show you guys my chest get all the girls
00:14:57
turned on because I'm [ __ ] burning up
00:14:58
in this thing
00:14:59
I'm going to show my nipples too just to
00:15:02
get you guys [ __ ] rare in go
00:15:07
um the form of the signature does not
00:15:10
show unambiguously that the signature is
00:15:12
made in a representative capacity or two
00:15:15
the represented person is not identified
00:15:17
in the instrument the representative is
00:15:20
liable the form of the signature does
00:15:23
not show unambiguously that the
00:15:25
signature is made in a representative
00:15:27
capacity
00:15:30
so so if you wanted to be more specific
00:15:33
I guess representative capacity you
00:15:35
could be like
00:15:37
by Brandon Joe Williams comma
00:15:43
representative which I do use this
00:15:44
sometimes
00:15:46
for f r this will be the line below not
00:15:50
to the right again so meaning like I
00:15:54
really want you guys to get this I would
00:15:55
hit enter here and it would come down
00:15:57
below this is how the endorsement would
00:16:00
look by and then and then it would start
00:16:03
here for blah BL blah but I'm just doing
00:16:05
this because I don't I don't have any
00:16:07
other quick way to do this for you
00:16:11
for
00:16:14
um plus if you guys can't figure that
00:16:16
out you're you're you're brain dead
00:16:17
anyway so I don't care so for Brandon
00:16:20
Joe
00:16:22
Williams and then that would
00:16:26
be U let's see
00:16:32
represented
00:16:35
person I'm not to I mean you could even
00:16:38
go
00:16:39
representative and then
00:16:44
repented
00:16:46
person you could even do something like
00:16:48
that
00:16:50
representative on behalf of the
00:16:53
represented
00:16:54
person I mean I'm like I I'm just trying
00:16:57
to [ __ ] you know just totally pure
00:17:00
just like read this and understand it in
00:17:02
the purest form so forgive me if I'm a
00:17:06
little bit off on
00:17:08
this
00:17:09
[Music]
00:17:11
um see representative capacity or two
00:17:16
the represented person is not identified
00:17:18
in the instrument the representative is
00:17:19
liable on the instrument to a holder in
00:17:21
due course that took the instrument
00:17:23
without notice that the representative
00:17:25
was not intended to be liable on the
00:17:27
instrument with respect to any other
00:17:29
person the representative is liable on
00:17:32
the instrument unless the representative
00:17:34
proves that the original parties did not
00:17:35
intend the representative to be liable
00:17:37
on the instrument okay this is cool this
00:17:39
is really useful in in litigation this
00:17:41
is what I do all the
00:17:42
time um the
00:17:44
representative uh is liable on the
00:17:47
instrument unless the representative
00:17:49
proves that the original parties did not
00:17:50
intend the representative to be liable
00:17:52
on the
00:17:53
instrument when you clarifi the ELC
00:17:55
Cap's name the en leges versus the
00:17:58
natural person that's what you're doing
00:17:59
right if a representative signs the name
00:18:02
of the representative as drawer of a
00:18:04
check without ident the indication of
00:18:07
the representative status and the check
00:18:09
is payable from an account of the
00:18:11
represented person who is identified on
00:18:13
the check the signer is not liable on
00:18:16
the check if the signature is an
00:18:17
authorized signature there so so if you
00:18:19
have a power attorney on behalf of the
00:18:20
ELC Cap's name and you sign on behalf of
00:18:22
the allc caps and name you do it like
00:18:23
this by Brandon Joe Williams
00:18:25
representative for Brandon Joe Williams
00:18:27
representative person uh you don't have
00:18:29
any liability on the
00:18:31
check that's what I get from
00:18:33
this you know you guys thought that you
00:18:36
know one two and three already made you
00:18:38
into an invincible [ __ ] T2000
00:18:40
Terminator well we're just going even
00:18:43
farther even farther brother you guys
00:18:46
think that you guys are are invulnerable
00:18:48
and you guys have infinite money and
00:18:50
everything oh we aren't even Done Yet
00:18:51
brother this is just part four we're
00:18:53
just getting
00:18:56
started why do you think I'm so [ __ ]
00:18:58
confident
00:19:01
it just gets better and better and
00:19:03
better and better and you're at home
00:19:04
complaining or your friends are at home
00:19:05
complaining about they can't pay their
00:19:07
bills it dude it just gets better and
00:19:10
better and better and
00:19:17
better unauthorized signature uh
00:19:20
3-43 unless otherwise provided in this
00:19:23
article or article four an unauthorized
00:19:26
signature is ineffective except as the
00:19:28
signature of an unauthorized signer in
00:19:31
favor a person who in good faith pays
00:19:33
the instrument or pays it for value or
00:19:36
takes it for Value
00:19:37
apologize uh an unauthorized signature
00:19:40
may be ratified for all purposes if the
00:19:42
signature of more than one person is
00:19:45
required to constitute the authorized
00:19:47
signature of an organization the
00:19:49
signature of the organization is
00:19:52
unauthorized if one of the required
00:19:54
signatures is lacking
00:20:00
okay the Civil or criminal penalty
00:20:03
liability of a person who makes an
00:20:04
unauthorized signature is not affected
00:20:06
by I don't this just seems
00:20:08
like unauthorized signature so if you
00:20:11
don't have a power attorney or like
00:20:13
there's some reason why you're not able
00:20:14
to pay uh sign on behalf of somebody
00:20:17
then things happen we're just going to
00:20:19
speed through this I don't want to I'd
00:20:21
rather not break this up into two
00:20:23
sections for tic for section four so
00:20:26
we're just going to speed through this a
00:20:27
little bit more speed on this okay
00:20:28
imposters fictitious
00:20:31
payes pay is the person that the
00:20:34
proceeds are supposed to go to if an
00:20:36
impostor by use of the males or
00:20:38
otherwise uh induces the issuer of an
00:20:41
instrument to issue the instrument to
00:20:43
the
00:20:44
impostor or to the person acting in
00:20:46
concert with the impostor by
00:20:47
impersonating the paye of the instrument
00:20:49
or a person authorized to act for the
00:20:52
paye an endorsement of the instrument by
00:20:54
any person in the name of the pay is
00:20:56
effective as the endorsement of the paye
00:20:59
in favor of the person who in good faith
00:21:02
pays the
00:21:04
instrument I mean they're pretty much
00:21:06
doing this to you because they use the
00:21:07
all caps name and stuff like that it's
00:21:08
like an impostor or fictitious pay right
00:21:12
uh to some degree sort of uh a person
00:21:14
whose intent determines to whom an
00:21:16
instrument is
00:21:18
payable um the person identified as pay
00:21:21
of the instrument is fictitious
00:21:24
person I mean I don't even know what is
00:21:28
a a
00:21:31
fictitious
00:21:33
ficticious
00:21:36
person nonexistent people who like
00:21:40
unlike fictional characters have been
00:21:42
claimed to actually
00:21:45
exist that's a tough that's a tough
00:21:49
thing a legal entity or artificial
00:21:52
person
00:22:02
yeah this is a bit this is a bit of a
00:22:03
difficult one
00:22:23
because of imposter
00:22:30
okay not sure if you guys noticed but
00:22:33
like over the past like five
00:22:35
days thelaw dictionary. org if you click
00:22:40
on it it's
00:22:41
completely [ __ ]
00:22:43
gone like the entire website has been
00:22:47
deleted off of the face of the
00:22:49
Earth which to me is [ __ ] hilarious
00:22:54
the bar cards are nervous bro they're
00:22:57
pissings piss thems bro but check it out
00:23:01
if you go to Google it's got everything
00:23:03
on a c on a cash or saved or whatever
00:23:05
because it'll still pull up a lot of the
00:23:08
definitions and stuff even though that
00:23:10
if you click on it it's 404
00:23:14
bro the pickle is stiff bro the pickle
00:23:18
is stiff
00:23:21
okay um too many people brusy too many
00:23:26
people looking up too many words too
00:23:29
easy on Google got to you know I'm not
00:23:32
much for you know oh Shadow bands and oh
00:23:35
this and oh that cuz like I don't ever
00:23:36
experienc any of that [ __ ] um I think a
00:23:39
lot of people use that as a way to sort
00:23:41
of rally the troops quote unquote but
00:23:44
I'll tell you what this this is this is
00:23:48
interesting this is interesting if we go
00:23:51
to the Wayback
00:23:54
machine uh and we go
00:23:56
to uh the law dictionary. org thelaw
00:24:03
dictionary. org and we take a little
00:24:06
Peak
00:24:08
peoni uh it looks like the Law
00:24:10
Dictionary has been around with us since
00:24:13
2012 and if we go
00:24:18
to let's see June
00:24:21
2nd what do we
00:24:23
got was it around on June 2nd
00:24:30
yes it
00:24:32
was we got blacks
00:24:35
law enter a legal term to start your
00:24:38
search disclaimer pop legal
00:24:43
terms
00:24:46
um what's the word we're looking up
00:24:48
right now uh legal definition of
00:24:50
impostor let's see what happens
00:25:01
pretty interesting pretty
00:25:05
interesting it was
00:25:08
here for over 10 years and then now all
00:25:11
of a sudden recently I mean whatever I
00:25:13
mean you know there could be real
00:25:14
Reasons I'm not saying I have evidence
00:25:16
to prove the fact that it's but I'm
00:25:18
telling you it's just a fascinating
00:25:20
fascinating
00:25:22
[Music]
00:25:23
situation fash
00:25:33
fictitious person now you think yourself
00:25:36
like oh it's a fake ass [ __ ] that
00:25:37
doesn't exist blah BL blah no no it's a
00:25:40
legal entity or artificial person such
00:25:42
as a
00:25:47
corporation oh my God so impostor is
00:25:51
interesting fictitious
00:25:53
payes so fictitious payes means that the
00:25:57
the payment is to to a corporation or or
00:26:00
trust or estate or partnership or
00:26:05
company
00:26:07
okay impostor I don't know I don't know
00:26:09
what that it appears to mean what you
00:26:12
think it means and I look it up and it
00:26:14
appears to look like it is what you
00:26:16
think it is
00:26:20
but a person whose intent determines to
00:26:24
whom an instrument is payable um does
00:26:26
not intend the person identif ified as
00:26:28
pay to have any interest in the
00:26:30
instrument person identified as pay of
00:26:32
the instrument is a fictitious person
00:26:35
um the following rules apply until the
00:26:38
instrument is negotiated by special
00:26:40
endorsement interesting okay any person
00:26:43
in possession of the instrument is its
00:26:45
holder
00:26:47
okay an in an endorsement by any person
00:26:50
in the name of the paye stated in the
00:26:52
instrument is effective as the
00:26:53
endorsement of the paye in favor of a
00:26:55
person who in good faith pays the
00:26:57
instrument or takes it for for value or
00:26:59
for
00:27:01
collection it's
00:27:10
interesting the El Cap's name is a
00:27:12
fictitious person so it's just an
00:27:15
interesting conversation
00:27:23
here an endorsement is made under uh in
00:27:27
the name of the PE if it is made in a
00:27:29
name substantially similar to that of oh
00:27:32
my
00:27:33
God are you seeing this an endorsement
00:27:35
is made in the name of a p if it is made
00:27:39
in a name substantially similar to that
00:27:41
of the PE oh my
00:27:45
God bro th this is
00:27:48
just this is
00:27:52
just I don't even I can't even bro how
00:27:55
do you even
00:28:00
that's the LC Cap's name that's the
00:28:02
that's the lower uppercase name and the
00:28:04
LC Cap's
00:28:09
name two the instrument whether or not
00:28:13
Endor is deposited in depository Banker
00:28:15
account in a name substantially similar
00:28:17
to that of the
00:28:20
paye
00:28:23
my oh look at that they've got their own
00:28:25
little insurance policy between the the
00:28:28
the upper and lower case name and the
00:28:30
ELC caps name wow congratulations boys
00:28:32
you guys thought of everything this is
00:28:34
brilliant look at
00:28:36
[Music]
00:28:38
this oh my
00:28:44
God so they're saying a fictitious name
00:28:47
and impostor and all this but then
00:28:48
they've got their little the little
00:28:49
insurance policy right
00:28:52
here oh no if the names sound the same
00:28:54
they look the same and that you know
00:28:55
they're a little bit different oh
00:28:56
they're the same thing and it's all good
00:28:58
it's all good brother it's all
00:29:01
good with respect to an instrument uh to
00:29:04
which subsection A or B applies of a
00:29:06
person applying uh a person paying the
00:29:09
instrument which means performance I'm
00:29:10
going to keep saying it if if a person
00:29:13
paying the instrument or taking it for
00:29:15
value or collection fails to exercise
00:29:17
ordinary care in the paying or taking of
00:29:20
the instrument and that failure
00:29:21
substantially contributes the loss blah
00:29:23
blah blah the person bearing the loss
00:29:25
May recover from the person failing to
00:29:27
ex exercise ordinary care to the extent
00:29:29
of the okay fine what's ordinary care
00:29:35
mean observance of reasonable commercial
00:29:37
standards prevailing in the area where
00:29:39
the person is
00:29:40
located with respect to the business in
00:29:43
which the person is engaged in the case
00:29:46
of a bank that takes an instrument for
00:29:48
processing or collection or payment by
00:29:51
automated means reasonable commercial
00:29:53
standards do not require the bank to
00:29:54
examine the instrument okay fine
00:29:57
whatever just typical horseshit
00:30:00
okay I'm not sure all about this you can
00:30:02
look at it for yourself we're going to
00:30:04
start speeding through this like I said
00:30:05
employer's respons oh employer's
00:30:08
responsibility for fraudulent
00:30:09
endorsement by employee what the [ __ ] in
00:30:13
this section employee means an
00:30:15
independent contractor and employee
00:30:19
wow nothing irritates me more bro if I'm
00:30:22
at a court of law and I ask the
00:30:24
definition of a word and they use that
00:30:26
word in the definition of the word I am
00:30:29
literally going to go [ __ ]
00:30:35
ballistic I am going to make that courts
00:30:39
life a living hell they're going to wish
00:30:43
they were
00:30:45
dead I'm
00:30:48
serious you don't ever that is that is
00:30:51
that is the that is rule number one in
00:30:56
my book if you ever use the word that I
00:31:02
am asking you for the definition in the
00:31:06
definition I am going to lock on to you
00:31:10
and I am going to make your entire blood
00:31:14
lineage
00:31:16
pay that sounds very vindictive and very
00:31:19
vengeful and I'm not a vengeful person
00:31:21
and I don't stand for violence I'm a
00:31:23
peaceful man but I'm telling you that's
00:31:25
going to piss me off
00:31:32
employee includes an independent
00:31:34
contractor and
00:31:41
employe if if this was a simple
00:31:43
conversation and I just wanted to know
00:31:44
the definition of employee if I saw this
00:31:47
now I'm going to discipline you we are
00:31:49
going to talk about this so incessant
00:31:52
and for so long and I'm going to ask you
00:31:54
so many questions literally just to
00:31:56
spite you
00:32:00
if you would just give me the definition
00:32:02
I wouldn't do that I'd move
00:32:08
on of an independent contractor retained
00:32:11
by the employer I don't know it doesn't
00:32:14
tell
00:32:15
you this is you you guys think this is
00:32:18
terrible oh this is a terrible
00:32:19
definition and oh that just means it oh
00:32:21
no this is
00:32:23
perfect because now you're going to ask
00:32:25
500,000
00:32:29
questions and it's going to take six
00:32:33
weeks to get through this
00:32:37
definition that's what it
00:32:40
means it means that the the bar card on
00:32:42
the other end of the table his his
00:32:44
client is about ready to pay his bar
00:32:45
card
00:32:50
$39,000 in
00:32:52
work cuz you're going to drag them both
00:32:56
through the mud for 6 weeks trying to
00:32:58
figure out what this means because as
00:33:01
far as you're concerned this is
00:33:02
fraud using a word inside of the
00:33:05
definition of the word is
00:33:08
fraud that's how you handle the
00:33:14
situation number two fraudulent
00:33:17
endorsement means one in the case of an
00:33:21
endorsement payable to the employer a
00:33:23
forg endorsement purporting to be that
00:33:25
of the employer or two in the case of an
00:33:29
instrument with respect to the employer
00:33:30
is the issuer a forg endorsement
00:33:32
purporting to be that of the person okay
00:33:34
identifi as pay so that just means like
00:33:37
it means what it says it means pretty
00:33:38
much
00:33:40
responsibility it's got to be this long
00:33:42
convolute thing so so so with respect to
00:33:44
instruments it means authority
00:33:46
to sign or endorse instruments on behalf
00:33:49
of the
00:33:50
employer to process instruments received
00:33:53
by the employer for bookkeeping
00:33:56
purposes for deposit to an account or to
00:33:58
other disposition to prepare or process
00:34:02
instruments for issue in the name of the
00:34:04
employer to supply information
00:34:06
determining the names or addresses of
00:34:08
payes or instruments to be issued in the
00:34:10
name of the employer to control the
00:34:12
disposition of instruments to be issued
00:34:15
in the name of the employer or to act
00:34:18
with respect to instruments in a
00:34:20
reasonable in a responsible capacity
00:34:23
responsibility does not include
00:34:25
Authority which merely allows an
00:34:28
employee to have access to instruments
00:34:31
or blank or incomplete
00:34:35
instruments or incomplete instrument
00:34:38
forms incomplete
00:34:42
oh 3
00:34:46
d115 means assigned writing whether or
00:34:49
not issued by the
00:34:50
signer contents of which okay so so an
00:34:55
unissued which may be signed or or un
00:34:57
fine
00:35:02
okay for the purpose of determining the
00:35:05
rights and liabilities of a person who
00:35:06
in good faith pays an instrument or
00:35:08
takes it for value or collection or for
00:35:11
collection if an If an employer
00:35:13
interested an employee with a
00:35:15
responsibility with respect to the
00:35:17
instrument and the employee or person
00:35:19
acting in concert with the employee
00:35:21
makes a fraudulent endorsement of the
00:35:23
instrument the the endorsement is
00:35:26
effective
00:35:28
as the endorsement of the person to whom
00:35:30
the
00:35:35
okay so it's just talking about like if
00:35:37
you if you if you endorse something on
00:35:39
behalf of someone else like does it get
00:35:41
issued was that endorsement approved was
00:35:45
it disapproved was it approved to be on
00:35:47
there but was never approved to be
00:35:49
issued like we're getting
00:35:51
into more banking almost at this point I
00:35:55
don't really know I'm trying to think of
00:35:56
like examples of where these kinds of
00:35:58
situations would be applicable I don't
00:35:59
really know you know you have a bank and
00:36:02
they the guy says yeah you can put the
00:36:04
endorsement on there but don't issue it
00:36:06
yet and then they issue it or vice versa
00:36:09
or something it's like a it's just
00:36:11
getting into the weeds in terms of that
00:36:14
whole that whole subject okay
00:36:17
so uh an endorsement is made in the name
00:36:20
of the person to whom the instrument is
00:36:21
payable if it's made under a name
00:36:23
similar to the name of that person the
00:36:25
instrument whether or not endorses
00:36:26
deposit
00:36:28
okay fine so that just has to do with
00:36:30
what it says employer employer
00:36:33
responsibility for fraudulent
00:36:34
endorsement by an employee it's kind of
00:36:36
more
00:36:38
specific it's more of a it's more of
00:36:40
like an in the weeds kind of a situation
00:36:42
we're not going to get into that too
00:36:44
much you can read that negligence
00:36:46
contributing to Ford signature or
00:36:48
alteration of the
00:36:51
instrument again we're kind of off into
00:36:53
the weeds here let's see what we
00:36:55
got uh a person who's failed to exercise
00:36:58
ordinary care substantially contributes
00:37:00
to an alteration of an instrument or to
00:37:02
the making of a forge signature on an
00:37:03
instrument is precluded from
00:37:06
asserting the alteration of the forgery
00:37:09
against a person who in good
00:37:11
faith so so what I get from this is if
00:37:14
you're really sloppy and a dumbass if
00:37:17
some [ __ ] goes down and you're like
00:37:18
really really [ __ ] and sloppy then
00:37:21
like maybe possibly like the instrument
00:37:22
could still be negotiated something like
00:37:24
that that's what I get from this but I'm
00:37:25
not going to I'm not going to dig into
00:37:28
every word here this is
00:37:29
not major major 101 for us this is a
00:37:32
little bit more
00:37:35
specific the person is suiting asserting
00:37:37
the uh the preclusion fails to exercise
00:37:39
ordinary care and paying or taking the
00:37:41
instrument and that failure
00:37:43
substantially contributes to the loss
00:37:45
the loss is allocated between the person
00:37:47
precluded and the person yeah so it's
00:37:48
just like we're spreading out the loss
00:37:50
because you're a dumbass
00:37:52
okay the burden of proving failure to
00:37:55
exercise ordinary care and the person
00:37:57
blah blah okay anyways this is this is
00:37:59
not anything that most of my people are
00:38:01
going to need to deal with so 3- 407
00:38:07
alteration an unauthorized charge in an
00:38:09
instrument that purports to modify in
00:38:12
any respect the obligation of a party to
00:38:15
an unauthorized addition of words or
00:38:18
numbers or other change to an incomplete
00:38:21
instrument relating to the obligation of
00:38:23
a party an alteration frequently made
00:38:28
discharges a party whose obligation is
00:38:31
affected by the alteration unless the
00:38:33
party asense or is precluded from
00:38:36
asserting the alteration no other
00:38:40
alteration discharges a party and the
00:38:42
instrument may be enforced according to
00:38:44
its original terms okay fine this is not
00:38:48
really what we're trying to look for in
00:38:50
this videos a payer bank or Draw e
00:38:54
paying a fraudulently altered instrument
00:38:57
or a person taking it for Value in good
00:38:59
faith and without notice of the
00:39:00
alteration May enforce rights with
00:39:02
respect to the instrument
00:39:05
okay okay this is a little bit
00:39:08
interesting but but overall this is not
00:39:11
really anything that we're going to need
00:39:12
to deal with so we're going to skip over
00:39:16
that
00:39:18
3-48 draw e not liable on unaccepted
00:39:22
draft a check or other draft does not of
00:39:26
itself operate r as an assignment of
00:39:28
funds in the hands of the draw e
00:39:30
available for its payment and the draw e
00:39:32
is not
00:39:33
liable on the instrument until the draw
00:39:36
e accepts
00:39:42
it acceptance is defined as delivery so
00:39:45
let's let's just see where this goes
00:39:47
let's see where this goes here we go
00:39:49
acceptance of draft let's let's see if
00:39:51
we're let's see if we're getting there
00:39:53
it looks like they're building it up
00:39:54
they're building it out here we go
00:39:58
acceptance of draft C certified check uh
00:40:01
acceptance means the draw ease signed
00:40:04
agreement to pay a draft as
00:40:07
presented it must be written on the
00:40:10
draft and may consist of the draw e
00:40:13
signature alone what's the draw e again
00:40:15
let's just real
00:40:18
quick the draw e is the person ordered
00:40:21
in a draft to make payment so [ __ ] you
00:40:24
pay this by this day Okay so so
00:40:27
acceptance means
00:40:32
the H
00:40:49
interesting okay
00:40:55
okay um so a
00:40:59
signature interesting okay
00:41:22
so acceptance means the draw e signed
00:41:26
agreement to pay a draft as
00:41:29
presented it must be written on the
00:41:32
draft and may consist of the draw e
00:41:36
signature
00:41:40
alone acceptance may be made at any time
00:41:43
and becomes effective when the
00:41:45
notification pursuant to
00:41:48
instructions is
00:41:52
given or the accepted draft is delivered
00:41:56
that's the what we're looking for
00:41:58
for the purpose of giving rights on the
00:42:01
acceptance to any
00:42:12
person we're getting we're getting into
00:42:14
some really good stuff here this is this
00:42:16
is the this is the meat and potatoes
00:42:18
right here this we need to we need to
00:42:20
focus on this you see you see me
00:42:22
skipping a lot of [ __ ] this here we are
00:42:25
not going to skip this this is extremely
00:42:27
important for everything we're doing so
00:42:30
a draft may be accepted although it has
00:42:34
not been
00:42:36
signed by the
00:42:38
drawer is otherwise incomplete is
00:42:41
overdue or has been
00:42:44
Dishonored if a draft is payable at a
00:42:47
fixed after sign and the acceptor fails
00:42:50
to date the acceptance the
00:42:53
holder um
00:42:59
certified check just
00:43:01
means we already went out of that
00:43:02
earlier as far as I'm concerned it means
00:43:04
a check that has a medallion signature
00:43:07
guarantee on
00:43:08
it so let's see here acceptance means
00:43:13
the draw e signed agreement to pay a
00:43:17
draft as
00:43:24
presented so if you already have a let's
00:43:26
say you have a credit card and you have
00:43:27
an agreement at the beginning of the
00:43:28
credit card and and the agreement says a
00:43:30
promise to
00:43:34
pay that would be the signed agreement
00:43:36
to pay a draft as presented and then
00:43:38
from
00:43:41
there it must be written and it can be
00:43:44
accepted even though it has not been
00:43:46
signed by the drawer which means the
00:43:48
person who signed to make
00:43:51
it the person ordering payment yeah
00:44:00
acceptance means the draw EAS signed
00:44:04
agreement to pay a draft as presented it
00:44:08
must be written on the
00:44:23
draft signature
00:44:27
let's go back to that what is
00:44:30
[Music]
00:44:41
signature a person is not liable on an
00:44:43
instrument unless the person signed the
00:44:45
instrument BL so what a signature it
00:44:48
maybe made it's the definition is made
00:44:51
manually or by means of a device or a
00:44:53
machine and by use of any name including
00:44:56
a trade or assume name name or by a word
00:44:59
Mark or symbol executed or adopted by a
00:45:02
person with present intention to
00:45:05
authenticate a
00:45:08
writing this is pretty much the
00:45:10
definition of signature right
00:45:13
here any assume name trade name word
00:45:18
Mark or symbol
00:45:21
executed by a person with the intention
00:45:25
to authenticate a
00:45:31
writing
00:45:33
so means a draw
00:45:37
ease signed
00:45:40
agreement to pay a draft as presented
00:45:43
so so so in the case of a credit card
00:45:46
this would be like the sign the signed
00:45:49
agreement prior to all the transactions
00:45:52
when you first first signed up
00:45:57
it must be written on the
00:45:59
draft and may consist of the draw e
00:46:02
signature
00:46:05
alone draw signature
00:46:08
alone so this is what you see on the
00:46:11
credit card transactions if you go to a
00:46:14
restaurant they're going to have you
00:46:15
sign the promisory note so that's the
00:46:19
that's the that's the draw e signature
00:46:21
alone accept any time becomes
00:46:25
effective when notification pursuant to
00:46:28
instructions is
00:46:29
[Music]
00:46:33
given so is that why like it says in
00:46:36
the credit card member agreement that
00:46:40
like whether you sign it or not it
00:46:42
doesn't matter it's still like a binding
00:46:44
thing because acceptance may be made at
00:46:46
any time and becomes effective when
00:46:48
notification pursuant to instructions is
00:46:51
given or when it's delivered
00:46:59
if you look in the card member agreement
00:47:00
it says like you you promised to pay for
00:47:03
the transactions even if you didn't sign
00:47:04
for them or even if they nobody signed
00:47:06
for them and blah blah blah BL blah so
00:47:08
I'm just trying to think like that
00:47:09
that's kind of what this is here that
00:47:10
we're looking at
00:47:13
acceptance there was a previous signed
00:47:15
agreement to pay the directors presented
00:47:17
and then and then at that
00:47:21
point it can happen whether or not you
00:47:23
did or not or something um
00:47:31
I'm gonna I'm going to change out of
00:47:32
this outfit I'm burning up I'm dying so
00:47:34
just give me a minute you guys can look
00:47:35
at this uh and and we'll I'll come back
00:47:39
in just a minute this is important this
00:47:40
is really important we can't just skip
00:47:42
over this so we got to figure this out
00:47:44
let me give me just a
00:47:55
moment
00:48:25
for for
00:49:03
okay that thing is hot that thing is
00:49:06
like Beyond Hot that thing is like that
00:49:09
thing is like
00:49:12
siberian woo that thing is hot bro okay
00:49:16
so okay
00:49:29
acceptance means the draw e signed
00:49:31
agreement to pay a draft as
00:49:35
presented that's kind of like beforehand
00:49:37
it's a
00:49:39
beginning like a credit card agreement
00:49:41
okay it must be written on the draft and
00:49:44
consist of the draw e signature
00:49:50
alone sentence may be made at any
00:49:53
time and becomes effective when
00:49:55
notification pursuing two
00:49:58
instructions is given or the accepted
00:50:01
draft is
00:50:12
delivered if you guys see this is
00:50:14
interesting if you guys see this look if
00:50:17
you go to the bill of exchange
00:50:19
act you'll see acceptance means an
00:50:21
acceptance completed by delivery or
00:50:24
notification and you see those words
00:50:26
here
00:50:28
you see the word
00:50:29
delivery you see the word notification
00:50:32
and you see the word
00:50:35
delivery so so we're looking at we're
00:50:38
looking at old [ __ ] man I'm telling you
00:50:41
you guys think this is all going to
00:50:42
change and they're just going to they're
00:50:44
just going to shift everything and we're
00:50:45
not going to be able to no
00:50:51
no it's old [ __ ] bro you're looking at a
00:50:55
this is a philosophy study this this is
00:50:56
a study of history this is old old old
00:50:59
as
00:51:01
[ __ ] and if you think it goes back only
00:51:04
as far as the bill of exchange Act of
00:51:05
1882 I don't know it could go back even
00:51:08
to to 1600s or for I have no idea I'm
00:51:12
just showing you guys they've plugged
00:51:15
everything in this is not just them
00:51:17
making up [ __ ] this is like every aspect
00:51:21
of our history has been carefully
00:51:22
plugged into these codes okay
00:51:27
you're you're the only one that's been
00:51:29
left out of the loop you you and me
00:51:32
okay
00:51:35
so they they aren't just making this
00:51:37
[ __ ] up and coming out of nowhere and
00:51:39
pulling it out of their ass this is old
00:51:40
bro old old old old old old old I had
00:51:43
was on a show a couple days ago they go
00:51:45
was like oh this is Babylon this is as
00:51:46
old as Babylon yeah well probably is
00:51:52
okay you know if we had real money and
00:51:55
gold and silver coins and we had
00:51:56
negotiable instruments and it wasn't the
00:51:58
primary means of trans of of of
00:52:00
exchange you had to think all this
00:52:02
information would make
00:52:05
sense you wouldn't have any problem with
00:52:07
with all this information if only you
00:52:10
know a small percentage and and this and
00:52:12
that and it wasn't everything and it was
00:52:13
just there was gold and silver coins and
00:52:15
then some people decided they wanted to
00:52:16
go into all this
00:52:17
goofiness all this information applies
00:52:20
to
00:52:22
that the problem is is that because
00:52:24
everything is a negotiable instrument
00:52:26
everywhere every goddamn thing
00:52:29
everything that's why this has become
00:52:31
such an
00:52:32
issue
00:52:36
okay I'm having a bit of a hard time
00:52:38
really totally getting this one I'm
00:52:40
telling you this is really really
00:52:41
important so I'm just I'm going to try
00:52:43
one more time and then and then we're
00:52:45
going to move on acceptance of draft
00:52:47
certified
00:52:48
check acceptance means the draw e signed
00:52:51
agreement to pay a draft as presented
00:52:54
okay draft means
00:53:01
well draft means the same as the bill of
00:53:02
exchange I don't see it here let's see
00:53:05
yeah it's it's a note an instrument is a
00:53:08
note if it is a promise and it's a draft
00:53:10
if it's an order yeah so it's a bill of
00:53:12
exchange okay fine
00:53:14
easy easy
00:53:16
peasy
00:53:22
um means a draw e signed agreement to
00:53:25
pay a draft as presented it must be
00:53:29
written on the
00:53:31
draft and may
00:53:33
consist and may
00:53:36
consist okay
00:53:39
may consist of the draw e signature
00:53:42
alone
00:53:44
okay so let's just skip that because May
00:53:48
kind of puts a possibility acceptance
00:53:52
may be made at any time and becomes
00:53:56
effective when
00:53:58
notification pursuant to instructions is
00:54:01
given or the accepted draft is delivered
00:54:05
for the purpose of giving rights on the
00:54:08
acceptance to any
00:54:10
person so it's sort of like when you
00:54:13
when you send someone when you when you
00:54:14
tender and then and then you deliver the
00:54:17
instrument you're giving them the
00:54:19
rights to enforce the instrument right
00:54:23
they become the holder whoever you send
00:54:24
it to you're not the holder anymore
00:54:26
you've given that away to somebody
00:54:28
else
00:54:39
so a draft may be accepted although it
00:54:43
has not been signed by the draw is
00:54:46
otherwise incomplete is overdue or has
00:54:48
been Dishonored
00:55:00
as long as there's a previous agreement
00:55:02
that you guys are going to be sending
00:55:03
[ __ ] back to each other um I feel like
00:55:06
it's still the original definition that
00:55:08
I always talk about which is just
00:55:10
delivered acceptance is delivered but
00:55:13
according to this I feel like it's a
00:55:14
little bit different because it has to
00:55:15
have some previous
00:55:23
agreement I could be wrong on this
00:55:25
though
00:55:26
this is very important but I'm just I'm
00:55:28
just having a hard time navigating this
00:55:32
okay now the thing is is that you can
00:55:34
have all the hard time navigating this
00:55:35
that you want if I if I have a hard time
00:55:37
navigating this bring it up in Discovery
00:55:40
and a lawsuit and let's talk about it
00:55:41
for six
00:55:42
months no big deal we'll figure it all
00:55:46
out if you think I don't get it I know
00:55:49
for a fact they don't get it um nobody
00:55:52
gets
00:55:53
it so we're going to talk about 3- 409
00:55:57
if they say oh no we didn't accept oh
00:55:59
dude no problem bro no problem let's
00:56:02
talk about this for [ __ ] two months
00:56:04
not an issue at
00:56:08
all let's study the
00:56:10
entire
00:56:12
history of every [ __ ] word in
00:56:17
this or or let's you
00:56:21
know let's go and say what is is the equ
00:56:29
equivalent I don't know how to spell it
00:56:31
so [ __ ] me of
00:56:35
U 3- 49 in
00:56:39
California state
00:56:43
law let's see what comes
00:56:52
up California Financial code
00:57:04
let's um let's ask let's ask
00:57:09
AI chat GPT is probably going to be
00:57:12
better at this but I'm going to ask um I
00:57:14
don't have access to that I don't really
00:57:16
care that much I'm going to ask meta AI
00:57:19
what is
00:57:22
the
00:57:24
California state
00:57:32
equiv
00:57:34
alent of
00:57:37
ucc3
00:57:52
d49 California Commercial Code Section
00:57:55
341 9 is what I've been told here let's
00:57:59
take a look and see if that's correct
00:58:00
California Commercial Code section
00:58:04
3419
00:58:06
California
00:58:08
Commercial
00:58:10
Code Commercial Code section
00:58:20
3419
00:58:22
interesting interesting it looks like it
00:58:25
it did it it does look pretty liability
00:58:28
of part parties we have sections 341
00:58:31
through
00:58:33
3420 um is this what we were looking for
00:58:37
no that does not look like what we're
00:58:39
looking for um we're looking for
00:58:44
3419
00:58:46
um but this is a great example like I
00:58:49
told you at the beginning of this little
00:58:50
mini course people will tell
00:58:54
you California doesn't have you see
00:58:58
see [ __ ] it's all there okay I'm
00:59:03
talking about without recourse look at
00:59:05
this okay it's
00:59:07
it's it's all
00:59:09
here and actually if you can't figure it
00:59:11
out in the in the federal it's actually
00:59:13
good to look on the state because
00:59:14
because it might be worded in a
00:59:16
different way where you can actually
00:59:17
understand it okay this is great this
00:59:19
gives you one more opportunity to try to
00:59:21
understand this stuff
00:59:24
okay so let's see we got
00:59:28
um California Commercial Code
00:59:32
3419 if an instrument is issued for
00:59:36
value given for the benefit of a party
00:59:39
to the instrument accommodated party and
00:59:41
another party to the instrument
00:59:43
accommodation party signs the instrument
00:59:44
for the purpose of incurring
00:59:47
liability
00:59:50
um let's see
00:59:56
oh look got a bunch of definitions here
00:59:58
that's cool what's what's the definition
01:00:00
of
01:00:02
recourse I saw recourse
01:00:07
here an arrangement in which a bank
01:00:10
retains in form or in substance any
01:00:12
credit risk or indirectly associated
01:00:15
with an asset it is
01:00:18
sold
01:00:20
interesting interesting
01:00:45
all right I'm not toou sure on this I'm
01:00:46
not going
01:00:47
to go into this any further
01:00:51
um but I I can tell you this is
01:00:53
important this is very very important
01:00:55
we've gone into this
01:00:56
some I recommend that if you would like
01:01:00
to uh dig into something you know a lot
01:01:02
of the stuff I'm like we don't need this
01:01:05
this this is this is this is the heart
01:01:07
of
01:01:09
everything if you if you want to spend
01:01:11
some time going down this rabbit hole
01:01:13
and figure out acceptance and figure out
01:01:15
state acceptance and certified check and
01:01:18
and what all this means and and really
01:01:20
really dig down
01:01:21
this I'm telling you right now 3- 49
01:01:24
this is a very very lucrative Rabbit
01:01:27
Hole I can tell I can definitely tell
01:01:30
you this is this is
01:01:32
important I'm not going to spend any
01:01:33
more time on this um I'm not sure where
01:01:36
to even go on this uh I'm going to need
01:01:39
to put this in the God knows but but
01:01:43
highly highly
01:01:46
highly highly important
01:01:49
bin and whenever this figures itself out
01:01:53
I'll be sure to let you guys know but
01:01:55
this is this is is going in the top
01:01:56
tippy top priority bin of I don't knows
01:02:00
but but as soon as I do this is it this
01:02:03
is hot hot hot hot so check your state
01:02:07
maybe it has some really cool really
01:02:09
simple language that clarifies this and
01:02:11
it'll just bust this whole thing wide
01:02:16
open signature by
01:02:20
representative uh someone signing on
01:02:22
behalf uh you're bound as if you are or
01:02:26
or would be if the signature was on a
01:02:28
simple
01:02:29
contract wait did I did I oh no no we've
01:02:34
already gone past this I was going to
01:02:35
say I'm like already
01:02:37
tired um let's
01:02:41
see we're here acceptance varying
01:02:46
draft the terms of a draw e acceptance
01:02:50
vary from the terms of the draft is
01:02:52
presented the holder May refuse the
01:02:54
acceptance and treat the draft as de
01:03:04
honored okay I think this is kind of
01:03:06
like what they're trying to do all the
01:03:07
time but that's not really going to
01:03:09
work um the terms of the draft are not
01:03:12
varied by an acceptance to pay at a
01:03:14
particular bank or place in the United
01:03:17
States unless the acceptance states of
01:03:20
the draft is to be paid only at that
01:03:22
bank or place
01:03:27
now you got to realize you can use all
01:03:28
this [ __ ] on them if they try to use
01:03:31
this [ __ ] on you what you're going to do
01:03:34
in defense is you're going to every
01:03:36
[ __ ] word every [ __ ] word you want
01:03:44
to know the
01:03:46
definition what is the definition of
01:03:48
the' what is the definition of terms
01:03:50
what is the definition of of what is the
01:03:53
definition of a you you if if they try
01:03:56
to use any of this stuff on you I've
01:03:58
never seen any of the bar cars try to
01:04:00
use any of this stuff on anybody in fact
01:04:02
they won't talk about it if you put a
01:04:04
goddamn shotgun in their mouth I'm
01:04:07
telling you in the future if they ever
01:04:09
shift their position from being little
01:04:12
[ __ ] and and avoiding everything and
01:04:14
pretending as though they've got it all
01:04:15
figured out when they're actually
01:04:16
clinically [ __ ] if it ever changes
01:04:19
and they start actually bringing this
01:04:21
[ __ ] up you want to every word you want
01:04:27
to slam into them like Juggernaut from
01:04:30
the
01:04:31
X-Men bricks walls buildings everything
01:04:35
is getting torn apart every
01:04:39
word sipping
01:04:42
coffee you want to know everything in in
01:04:47
in pain if if they say if they say oh a
01:04:50
draft is blah blah blah and they say
01:04:52
something inside of their explanation
01:04:54
that you do not understand you oh what
01:04:57
does that mean stop right there not
01:05:00
another [ __ ] word what is that word
01:05:03
inside of the word of which you define
01:05:05
the word draft what does that mean I
01:05:07
need to understand that's what you're
01:05:10
going to be doing I'm just letting you
01:05:12
know eventually we're going to get to a
01:05:14
point
01:05:15
where I don't even know if these bar
01:05:17
cards maybe they're all going to give up
01:05:19
and lay on train tracks and there's
01:05:20
going to be a
01:05:22
Jonestown uh a suicide Packa and they're
01:05:24
all going to get together and they're
01:05:25
going to be in white robes and I I you
01:05:27
know they they're going to drink the
01:05:28
Kool-Aid for all I know I have no idea
01:05:31
but I'm telling you right now if they do
01:05:33
start to actually develop brain cells
01:05:35
through
01:05:36
Evolution which is a very low chance of
01:05:38
that happening they're going to start
01:05:40
bringing this [ __ ] up and if they
01:05:43
do that's what you're going to do you're
01:05:45
going to be you're I I'm telling you
01:05:47
here I am trying to read this stuff um I
01:05:51
there's certain areas that make sense to
01:05:52
me and there's certain areas that don't
01:05:54
you guys think that that I'm a genius
01:05:56
and you're stupid that's not it at all
01:05:57
this is very convoluted and confusing on
01:06:00
purpose to try to confuse you and try to
01:06:02
get you to go away and the thing is is
01:06:04
that the difference between a normal
01:06:05
person and a petarian is that we don't
01:06:08
go away we don't go away we we ask so
01:06:13
many questions and we never ever ever
01:06:15
stop we never stop ever we ask questions
01:06:20
until you literally hang yourself that's
01:06:23
what we do that's that's our that's our
01:06:26
Mo
01:06:28
okay so I'm telling you right
01:06:31
now if you're ever in a situation where
01:06:34
they start to actually actually bring
01:06:35
stuff up you got to be like
01:06:38
wow I'm telling you the chances that
01:06:41
they have any clue of any of the stuff
01:06:42
that they're bringing up is like zero
01:06:45
you need to slam into them with like
01:06:48
480 trillion Newtons of force okay
01:06:55
I'm telling you right now they don't
01:06:56
stand a
01:06:58
chance the terms of a draft are not
01:07:01
verified by an acceptance to pay a
01:07:03
particular I don't know I don't know and
01:07:06
they don't either and they're going to
01:07:08
pretend like they do they don't you you
01:07:10
may not know but your level of not know
01:07:15
I guarantee you is a thousand levels
01:07:19
higher than what they don't know I'm
01:07:23
telling you I promise I promise you that
01:07:26
that I can promise you okay if the
01:07:29
holder ascends to an
01:07:30
acceptance varying the terms of a draft
01:07:33
the obligation of each drawer and
01:07:37
endorser that does not express I don't
01:07:41
know is discharged I I don't
01:07:44
know you know I say I say again we're
01:07:47
just trying to We're just trying to go
01:07:49
forward and do our thing and get get the
01:07:51
basic ideas and then as it goes forward
01:07:54
let's say let's say let's say it falls
01:07:56
into 3-41
01:07:58
410 and they bring it up now if you're
01:08:02
in a lawsuit and they bring up 3-
01:08:05
410 now you're in a situation where
01:08:08
you're going to need to like really
01:08:10
really Hammer this
01:08:12
thing but as of right now if I had to
01:08:15
say oh should you spend time trying to
01:08:17
understand
01:08:18
3-41 or should you spend time trying to
01:08:21
figure
01:08:22
out uh three dash
01:08:31
what was the one we were talking about
01:08:32
earlier where I was like oh it's so
01:08:34
important you need to learn
01:08:37
this acceptance of draft verified check
01:08:42
this is where you should be spending
01:08:43
your time trying to figure out not
01:08:48
this
01:08:51
so again we don't know everything about
01:08:53
everything but we know enough to know
01:08:56
where where our focus should be and
01:08:58
where we should really slam into people
01:09:01
okay and and I and I'm sorry I don't
01:09:03
have all the answers for
01:09:05
you you guys think I'm [ __ ] perfect
01:09:08
you guys think I know everything under
01:09:10
the sun moon and stars and I don't
01:09:13
okay so I'm
01:09:16
human I I am a man I'm this I'm that you
01:09:20
guys
01:09:21
think I you could never understand
01:09:23
things as well as I can well
01:09:28
that's just not
01:09:29
true and that's just an excuse I don't
01:09:33
know what to tell you I've been looking
01:09:35
at this [ __ ] for two years Non-Stop and
01:09:38
I don't
01:09:39
know I don't know if you take the time
01:09:43
and you look at every goddamn word and
01:09:45
you clear up every goddamn word in every
01:09:47
goddamn dictionary you're going to be
01:09:48
able to figure this out but do I want to
01:09:49
do that right now on this particular
01:09:51
point no do I want to do that on the
01:09:53
last one
01:09:55
3- 49 I kind of do but we're not going
01:09:58
to do that but I kind of do I kind of do
01:10:00
this is so important I can tell um but
01:10:03
we're not going to do that if if you
01:10:06
wanted to do that that's going to be
01:10:08
good I'll probably do that at some point
01:10:10
we're going to move on for uh 3- 411
01:10:13
refusal pay cash years check dollar
01:10:15
checks uncertified
01:10:21
checks uh this does not
01:10:23
look like something something that we're
01:10:25
going to get into
01:10:31
um I don't I don't see any point in
01:10:34
getting into this we're not going to get
01:10:35
into
01:10:36
this uh obligation of issuer of note or
01:10:41
Cashers check the issuer of a note or
01:10:43
cashier check out a draft draw the
01:10:45
draw is obligated to pay the instrument
01:10:48
according to its terms the time is
01:10:50
issued if not issued at the time it it
01:10:53
came it first came in into possession of
01:10:56
a holder or if the issuer signs an
01:10:59
incomplete instrument according to its
01:11:01
terms when completed to the extent
01:11:04
stated in the obligation is owed to a
01:11:07
person entitled to enforce the
01:11:08
instrument or to an endorser who pay the
01:11:10
instrument okay I
01:11:15
mean if if someone sends you an
01:11:17
unconditional order to pay you're
01:11:20
obligated to
01:11:21
pay under the terms
01:11:28
that's it really I mean it's not it's
01:11:31
not that [ __ ] complicated I don't
01:11:32
know where all this other stuff would
01:11:35
apply so I can't tell
01:11:37
you obligation of accept tour maybe
01:11:40
maybe we're going to get more
01:11:41
information here of what I was saying
01:11:44
was so important
01:11:46
earlier the accepter of a draft is
01:11:48
obligated to pay the draft one according
01:11:52
to its terms at the time it was except
01:11:57
accepted even though the acceptance
01:11:59
states that the draft is payable as
01:12:02
originally drawn for or equivalent terms
01:12:05
two if the acceptance varies the terms
01:12:08
of the draft according to the terms of
01:12:11
the draft as varied or three if the
01:12:14
acceptance is of a draft that is an
01:12:16
incomplete instrument blah blah I don't
01:12:18
really care about that the obligation is
01:12:21
owed to a person entitled to enforce a
01:12:23
draft or to the drawer or an endorser
01:12:26
who paid the draft
01:12:28
okay if the certification of a check or
01:12:31
other acceptance of a draft States the
01:12:34
amount certified or accepted the
01:12:37
obligation of the accepter is that
01:12:42
amount if one the
01:12:46
certification or acceptance does not
01:12:48
State an amount or two the amount of the
01:12:51
instrument is
01:12:52
subsequently raised in three the
01:12:56
instrument is then negotiated to a
01:12:57
holder in due course the obligation of
01:13:00
the acceptor is the is the amount of the
01:13:03
instrument at the time it was taken by
01:13:05
the holder you know th this this whole
01:13:07
thing I mean I'm not really like getting
01:13:09
too into the Weeds on this I'm just kind
01:13:11
of looking all the time for like is
01:13:13
acceptance delivery and I'm I'm starting
01:13:16
to as far as I can tell on this
01:13:18
acceptance is delivery that's what I'm
01:13:21
seeing I could be wrong maybe that's
01:13:24
changed I mean I'm just you
01:13:27
know let's let's keep
01:13:29
going obligation of
01:13:32
draw draw is the person who
01:13:38
orders
01:13:42
um this section does not apply to
01:13:44
Cashers checks or other drafts drawn on
01:13:46
the drawer that's so funny again like I
01:13:48
said before look in your state look in
01:13:51
your state codes type in to to you
01:13:56
know
01:13:58
um artificial intelligence type in what
01:14:01
is the equivalent of three
01:14:03
d414 for state of Oklahoma or whatever
01:14:10
just this is all no no one understands
01:14:14
any of this I mean we are we are so far
01:14:17
the what look at this look at this
01:14:20
what is the definition and I know I'm
01:14:23
going to get all the [ __ ] conspiracy
01:14:25
theorists going ballistic right now it's
01:14:27
okay of a
01:14:37
cult no no no check this out watch
01:14:42
this this is my favorite emology website
01:14:46
this is just some like one guy literally
01:14:48
you can look it up I know I've talked
01:14:50
about him before but like I you have no
01:14:53
idea bro like this guy is like the king
01:14:57
dude like he's literally the [ __ ]
01:15:00
King and who did this about section look
01:15:04
at
01:15:05
this I've been using this [ __ ] every day
01:15:08
of my
01:15:11
life he says 10 years ago I I I'm I'm
01:15:14
pretty sure I've been using this for
01:15:17
more than 10 years maybe not uh this
01:15:21
dude
01:15:23
is the
01:15:26
king he's the [ __ ] King
01:15:31
bro um I don't know the guy's name I
01:15:35
don't know I thought about when I when I
01:15:37
win my first lawsuit I'm probably going
01:15:38
to give him like5 million [ __ ]
01:15:41
dollar
01:15:44
um we're going to type in a cult and
01:15:49
you're going to see
01:15:52
okay secret not
01:15:57
divulged hidden concealed
01:16:02
secret cover over
01:16:06
conceal to hide
01:16:09
over to cover conceal
01:16:14
safe not apprehended by the Mind
01:16:18
beyond the range of understanding
01:16:26
to keep secret
01:16:30
conceal if you look at the dates on this
01:16:32
it's all around the same time period
01:16:34
1530s and then all the way back to 1500
01:16:37
which is only the very short period of
01:16:39
time okay we're going to go
01:16:44
down so there you
01:16:48
go
01:16:52
it's in my opinion the occult is is the
01:16:55
way of hiding information in plain
01:17:00
sight they they they publish everything
01:17:03
here we are 3-
01:17:08
414 no one knows how any of this works
01:17:12
or anything at
01:17:14
all it it is the oul but it's also not
01:17:17
the occult it's it's literally hiding in
01:17:21
plain sight that is what we're looking
01:17:23
at okay
01:17:27
okay if it was hidden we couldn't even
01:17:29
find the information but but here we are
01:17:32
now now now now now think about this you
01:17:34
say like oh no one can understand this
01:17:36
okay fine whatever you can go through
01:17:38
every [ __ ] word of this and clear up
01:17:40
every [ __ ] word in every [ __ ]
01:17:42
dictionary or even better when you sue
01:17:44
them or when you counter claim them and
01:17:46
you go into Discovery that's the
01:17:49
conversation you want to have oh 3-44
01:17:53
okay M interesting
01:17:55
why don't we talk about the definition
01:17:57
of every single word or on the state
01:18:00
side they pull up some State Statute
01:18:03
we're going to talk about every single
01:18:05
word of this state statute for the next
01:18:08
four [ __ ]
01:18:17
months you call it the occult you call
01:18:20
it hidden it ain't hidden to me bro I
01:18:24
know you don't know I know you're a dumb
01:18:26
[ __ ] I know I'm looking at it I don't
01:18:28
get it I know you don't [ __ ] get it
01:18:31
we're talking about
01:18:33
it we're talking about it for four
01:18:37
months and if you try to do anything to
01:18:40
throw me off understanding if un
01:18:45
unaccepted draft is dis I want to talk
01:18:50
about is let's talk about
01:18:53
is for a month a
01:19:11
month the
01:19:18
cult I I will chase you I will chase
01:19:22
down your entire family
01:19:26
I will find
01:19:28
you I will sue you over and over and
01:19:32
over I will sue you from a jail [ __ ]
01:19:39
cell to find out what definition of is
01:19:44
are you
01:19:50
using I will chase you forever
01:20:09
do you understand
01:20:12
that your great
01:20:17
grandchildren will need to deal with me
01:20:19
chasing them and leaning all of their
01:20:21
property to find out what is the
01:20:24
definition that great-grandfather was
01:20:26
trying to use when he used the word
01:20:29
is when suing
01:20:45
me I want you guys to
01:20:48
understand where I'm at I want you guys
01:20:50
to understand where this is
01:20:53
going they use the word
01:20:56
is they assume the definition of the
01:20:58
word is or Dishonored or or unaccepted
01:21:01
or
01:21:04
draft they need to Define
01:21:13
it so yes you don't understand all this
01:21:16
I don't understand all this either and
01:21:18
I'm trying my best to understand this
01:21:19
with you guys and I'm trying my best to
01:21:21
[ __ ] talk about this with you guys
01:21:23
but it doesn't [ __ ] matter it does
01:21:24
doesn't [ __ ]
01:21:26
matter you you you're over here probably
01:21:28
thinking like [ __ ] oh I'm so nervous
01:21:30
and this and that and what is this and
01:21:32
what is that but but it doesn't it
01:21:34
doesn't [ __ ] matter it doesn't
01:21:36
[ __ ] matter it doesn't [ __ ] matter
01:21:38
because you you think you don't get it
01:21:40
and you think they do they don't get it
01:21:44
they don't understand they have no
01:21:46
[ __ ] clue they have no [ __ ] clue
01:21:50
these people have no [ __ ] clue they
01:21:51
have bar cards they're gone
01:21:55
they they're they've been gone for a
01:21:56
long time they have no idea if they have
01:21:59
a bar card you can assume they have no
01:22:01
idea and you'll you'll be right
01:22:07
99.94% of the
01:22:10
time excuse me do a bar card yes I do oh
01:22:13
great
01:22:15
fantastic this is going to be easy okay
01:22:25
try to [ __ ] confuse me just try
01:22:29
please please try to confuse me please
01:22:32
give me give me 800 pages of paper full
01:22:35
of
01:22:36
words because you're going to be
01:22:38
answering every [ __ ] word
01:22:58
every single [ __ ]
01:23:07
word and if I don't understand I'm going
01:23:09
to stop
01:23:10
you if it takes 30 [ __ ]
01:23:18
years that's what we're going to do
01:23:29
that is what's
01:23:43
required if an accepted draft is
01:23:46
Dishonored the drawer is obligated to
01:23:49
pay the draft one according to its terms
01:23:52
at the time it was issued or if not
01:23:54
issued at the time it first came into
01:23:57
possession of a holder or two if the
01:24:00
drawer signed an incomplete I don't know
01:24:02
bro I don't know and I I literally dare
01:24:06
you I [ __ ] dare you to use this on me
01:24:10
please
01:24:12
please I beg of
01:24:14
you use this on me reference this in one
01:24:17
of my law suits counter sue me and and
01:24:20
list this on the [ __ ] lawsuit
01:24:24
I will hire a private investigator to
01:24:26
follow you and I will ask you for every
01:24:31
[ __ ] definition of every word and I
01:24:33
want the entire history we're going to
01:24:35
talk about it incessantly and I'm going
01:24:38
to publish and I'm going to take if I
01:24:41
find out through my private investigator
01:24:43
that you are going off and [ __ ]
01:24:46
children or [ __ ] whatever or doing
01:24:50
whatever or or cheating on your wife or
01:24:52
whatever I am going to publish that
01:24:54
information on every
01:24:57
single Avenue I could possibly do I
01:25:00
going to travel around and I going to do
01:25:03
PR releases on every minor detail of
01:25:07
your life of which I feel that you are
01:25:10
incomplete or unstable
01:25:17
on I going to be your nightmare I am
01:25:20
going to be what you dream of when you
01:25:22
sleep I'm going to be what you what you
01:25:24
think of when when you awaken I'm going
01:25:26
to be what you think of every time you
01:25:28
see your wife you're going to think of
01:25:29
me every time you see your children
01:25:31
you're going to think of me every single
01:25:33
time you try to do
01:25:35
anything and you are going to pretend as
01:25:38
though it's not me as though I don't
01:25:41
affect you negatively or whatever and
01:25:44
the thing is I
01:25:46
do and I know I do and I sleep well
01:25:49
because I do
01:25:56
and I want to be abundantly
01:26:00
clear about
01:26:22
that if a DRFT accepted by a bank the
01:26:25
drawer is discharged regardless of
01:26:28
whether uh of when or by whom acceptance
01:26:31
was obtained if a draft is I I don't
01:26:34
know I don't know I don't think this is
01:26:36
terribly important if a draft is
01:26:37
accepted and the and the acceptor is not
01:26:39
a bank the obligation of the drawer to
01:26:41
pay the
01:26:43
draft if the draft is Dishonored I don't
01:26:47
know if if a draft if a draft states
01:26:51
that it is drawn without recourse or
01:26:53
otherwise disclaims like liability of
01:26:54
the drawer to pay the draft the drawer
01:26:58
is not liable under subsection B to pay
01:27:00
the pay the draft if the draft is not a
01:27:02
check we already know
01:27:04
that
01:27:06
if a check is not presented for payment
01:27:09
or given to a depository
01:27:11
bank for collection within 30 days blah
01:27:14
BL blah I don't know I don't
01:27:17
know obligation of endorser this is
01:27:20
probably more along the lines of what we
01:27:21
should be reading let's take a look at
01:27:23
this one
01:27:25
um if an instrument is Dishonored an
01:27:27
endorser is obligated to pay the amount
01:27:30
due on the
01:27:32
instrument according to the terms of the
01:27:34
instrument at the time it was endorsed
01:27:36
or if the endorser endorsed an
01:27:39
incomplete
01:27:40
instrument according to okay okay so so
01:27:43
them them telling you that we don't
01:27:45
accept this payment or that's not a
01:27:47
payment blah blah blah that's not
01:27:48
endorsing the payment I was just talking
01:27:50
to my client today about this
01:27:52
look let's come to me for a minute if if
01:27:58
I send you a payment if I if I attempt
01:28:03
to I have the a bunch of really cool old
01:28:07
um Civil War notes okay so so so so so
01:28:14
if I attempt to send you a civil war
01:28:16
note and I Tinder which means to
01:28:19
unconditionally offer and it gets as far
01:28:22
as I can tell delivered which we just
01:28:24
looked at that and it was kind of
01:28:25
confusing let's say let's say delivery
01:28:27
is look I'm going to tell you delivery
01:28:30
is [ __ ] acceptance and then if you
01:28:31
want to [ __ ] fight it you [ __ ]
01:28:33
fight it you [ __ ] show me [ __ ] and
01:28:35
I'm going to hammer every goddamn word
01:28:37
you [ __ ] send me until the end of
01:28:39
[ __ ] time okay so as far as I'm
01:28:42
concerned delivery is acceptance it
01:28:44
makes the most sense to me okay so I
01:28:46
deliver this I I unconditionally present
01:28:48
this to you or unconditionally uh offer
01:28:51
this to you you accept it which is
01:28:52
tender so
01:29:01
um see here and uh if if if you dishonor
01:29:06
this now now now if you receive this and
01:29:08
you go like oh no this is Dishonored
01:29:11
okay now the the way I look at that is
01:29:16
this in good faith I I I wrote the
01:29:19
negotiable instrument I sent it you
01:29:20
signed for it you received it now now
01:29:22
now I'm inoc sit into proving guilty
01:29:24
you're the one asserting a
01:29:27
claim now whoever asserts the claim is
01:29:31
the one that has to prove the
01:29:35
claim so like you you say to yourself oh
01:29:38
they told me that uh you know the
01:29:40
payment is on okay as far as I'm
01:29:43
concerned in a court of
01:29:46
law they need to they need to [ __ ]
01:29:50
prove that not you
01:29:54
now I could be wrong on
01:29:56
that but I'm telling you as far as I'm
01:29:59
concerned that's the way it actually
01:30:01
works you've done your duty you've done
01:30:03
this you've done that you've sent it
01:30:05
it's been some time and now all a sudden
01:30:07
out of the blue oh no this is this is
01:30:08
horeshit oh wow so you're saying it's
01:30:11
Dishonored what evidence that you have
01:30:14
or what evidence are you pointing
01:30:16
towards that makes this particular
01:30:18
negotiable instrument Dishonored make
01:30:21
them prove it
01:30:25
that's what I would
01:30:26
do I haven't gotten to that point
01:30:29
because no one will [ __ ] talk to me
01:30:30
about anything or or My complaints or
01:30:32
anything as far as I'm concerned because
01:30:33
they're
01:30:34
terrified but or stupid stupid and
01:30:38
terrified you guys think you're all
01:30:40
[ __ ] stupid and terrified they're 10
01:30:42
times worse bro I'm telling you they're
01:30:44
10 times worse look at all my [ __ ]
01:30:46
cases and you will see proof that they
01:30:48
are 10 times worse they will not talk
01:30:52
about any of this information cuz they
01:30:55
are
01:30:56
terrified of this
01:31:01
information they are weak pathetic
01:31:05
[ __ ]
01:31:09
Souls they have they have no clue what
01:31:12
abundance could possibly feel like and
01:31:15
they live their life in a
01:31:18
desperate horrific
01:31:27
shell of what it's supposed to be like
01:31:29
to live on this
01:31:31
planet if they want talk to you and they
01:31:33
don't know they're
01:31:36
[ __ ] and they're getting paid their
01:31:38
10,000 or $20,000 to [ __ ] do whatever
01:31:41
and blah blah blah they're selling their
01:31:43
soul for
01:31:50
$10,000 imagine being a person who has
01:31:53
has a personal reality of their own
01:31:57
soul and it's only
01:32:02
$10,000 just imagine just
01:32:05
imagine just imagine feeling that your
01:32:07
soul is only worth
01:32:10
10,000 Federal Reserve notes just
01:32:15
imagine just
01:32:18
imagine with all the inflation and
01:32:20
everything happening 10,000
01:32:23
Federal Reserve
01:32:28
notes you can barely even buy a running
01:32:31
vehicle for
01:32:33
10,000 Federal Reserve
01:32:37
notes these people have
01:32:42
zero
01:32:45
self-esteem they have zero
01:32:52
self-respect imagine
01:32:57
imagine selling your soul for 20 30 40
01:33:02
50
01:33:04
60,000 Federal Reserve notes promisory
01:33:09
notes negoti imagine
01:33:13
imagine imagine the amount of
01:33:15
self-loathing you must experience on a
01:33:17
day-to-day basis
01:33:20
imagine the amount of
01:33:24
imagine the the the the the level of
01:33:27
enjoyment of day-to-day life the IM
01:33:31
imagine imagine the inability to enjoy
01:33:34
the
01:33:35
laughter in a
01:33:37
playground it's tough to be in a
01:33:39
playground full of children or or
01:33:41
animals maybe a dog park and not
01:33:43
experience some level
01:33:45
of
01:33:49
enjoyment these people who sell their
01:33:51
soul for 20 or 30 or 40 they can't can't
01:33:55
even connect with that the the the the
01:33:58
the idea of a dog park or a bunch of
01:34:00
kids playing in the they can't even the
01:34:02
the happiness is
01:34:07
unattainable so so you you're you're
01:34:09
over here saying like oh F these people
01:34:11
and this and that it's it you don't need
01:34:12
to there's no Revenge needed there's no
01:34:14
Revenge needed what do you need revenge
01:34:17
on what is there the fact that they
01:34:19
[ __ ] breathe is
01:34:22
Revenge what what is there to what what
01:34:25
what Vengeance do you need they don't
01:34:27
enjoy anything they don't understand
01:34:29
anything they walk through life they you
01:34:31
know you say oh NPC and people need to
01:34:32
wake up these are the people who are
01:34:35
real
01:34:38
NPCs NPC is an overused trit
01:34:51
term when someone is
01:34:54
unable to enjoy the smell of
01:34:58
flowers the smell of their car the smile
01:35:02
of their
01:35:04
wife the look of their
01:35:10
children what Revenge do you need
01:35:15
why like like what like what what
01:35:24
I I I just
01:35:25
don't wh what do you I mean I'm almost
01:35:28
in tears just talking about this what
01:35:30
what what what what what are you going
01:35:32
to do like what
01:35:34
are like their their life is [ __ ] their
01:35:37
life is
01:35:40
[ __ ] there's nothing you're going to do
01:35:42
they're not even going to understand
01:35:43
anything you would
01:35:45
do there there there's
01:35:50
no what's the why
01:35:54
why are you even even if you even if you
01:35:57
beat them half to death physically with
01:35:59
a baseball bat they're going to be
01:36:01
laying there they're not going to
01:36:02
understand why or how or there there
01:36:05
there's there's going to be no
01:36:06
connection they have no ability to
01:36:07
connect the
01:36:09
dots it's like beating a dog half to
01:36:13
death the afterward the dog's just going
01:36:15
to be angry and start biting people and
01:36:17
not know why and just be untrusting of
01:36:20
humanity there there's no connection
01:36:22
there's no [ __ ] connection
01:36:27
you you you think you think that these
01:36:28
people have this this this facility of
01:36:31
intelligence and they can connect
01:36:32
everything together and they have so
01:36:34
much emotional uhh uh uh depth and and
01:36:37
they don't they don't they don't they
01:36:42
have no emotional depth they have no
01:36:44
ability to connect the dots and that's
01:36:46
why they do the [ __ ] they do that's why
01:36:48
that's why they do
01:36:52
it the they don't know they can't they
01:36:55
can't piece anything together they're
01:36:57
they're they're selfish they're alone
01:37:00
they're
01:37:01
terrified you you you are attempting to
01:37:04
interact with a person who has
01:37:09
no depth to their
01:37:20
existence you're
01:37:22
wasting your your
01:37:26
time it is a
01:37:29
[ __ ] waste
01:37:59
you're wasting your time with your
01:38:00
family you're wasting your time with
01:38:01
these people and you're wasting your
01:38:02
time with your friends quote
01:38:05
unquote you're wasting your time
01:38:25
3- 415 obligation of
01:38:30
endorser if an instrument is Dishonored
01:38:32
an endorser is obligated to pay the
01:38:34
amount due on the instrument one
01:38:36
according to the terms of the instrument
01:38:38
at the time it was endorsed two if the
01:38:40
endorser endorsed an incomplete
01:38:43
instrument okay so okay so if it's
01:38:46
Dishonored you have to pay for it but
01:38:48
they have to prove it's Dishonored
01:38:50
that's the thing they're going to need
01:38:51
to [ __ ] really work
01:38:54
you're going to make them work as
01:38:55
[ __ ] hard as [ __ ] to get them to to
01:38:57
to prove that it's [ __ ] you know if
01:39:00
an endorsement states that it is made
01:39:02
without recourse or otherwise just
01:39:03
claims liability of the endorser the the
01:39:05
the endorser is not liable so if you if
01:39:07
you if you if you claim without recourse
01:39:08
as we've been talking you will never
01:39:11
need to defend your position this none
01:39:12
of this is an issue you're all good you
01:39:14
can go off with your [ __ ] free house
01:39:16
and your free car and you're free this
01:39:18
you're free that and live your life live
01:39:19
the best goddamn life anyone's ever
01:39:21
[ __ ] seen in their entire existence
01:39:26
okay if a notice of Dishonor of an
01:39:28
instrument is required by blank and
01:39:31
notice of Dishonor complying with that
01:39:33
section is not given to an endorser the
01:39:35
liability of that endorser is discharged
01:39:37
so if they don't tell you through a
01:39:38
notice then then you're good
01:39:42
basically if a draft is accepted by a
01:39:44
bank after an endorsement is made the
01:39:45
liability of the endorser under blank is
01:39:49
discharged if an endorser of a check is
01:39:52
liable under subsection a and the check
01:39:54
is not presented for payment or given to
01:39:56
depositary
01:39:59
bank
01:40:01
okay
01:40:03
whatever transfer
01:40:06
warranties God uh a person who
01:40:10
transfers an instrument for
01:40:12
consideration warrants to the transferee
01:40:15
and the transfer is by endorsement to
01:40:18
any subsequent transfer that the warrant
01:40:21
tour is a person in title to enfor
01:40:23
course the instrument all signatures on
01:40:24
the on the instrument are so this is a
01:40:26
lot of like so they're sort of building
01:40:28
this up right they're they're saying
01:40:29
this that and there a certified check uh
01:40:32
a signature or or false signature so so
01:40:35
now now they' they're like okay we've
01:40:37
talked about all this stuff and all
01:40:39
these various things and now we're
01:40:42
getting into like a larger view of the
01:40:45
overall situation showing that you know
01:40:47
this thing gets transferred if and then
01:40:49
now they're going through and they're
01:40:50
sort of like summarizing everything has
01:40:53
hasn't been altered it's authentic it's
01:40:56
not subject to claim or recruitment
01:40:58
against the warrant tour and like blah
01:41:00
blah and like I don't
01:41:04
know warrants to the transfer e like
01:41:08
gives gives gives permission to or gives
01:41:12
it's it's it's yeah the warrantor is the
01:41:15
person entitled to enfor yeah makes
01:41:17
sense so they're they're just giving
01:41:19
they're using a new term now to try to
01:41:21
be more complicated just to say
01:41:23
the ability to control or or or order or
01:41:27
whatever which just means the person
01:41:29
entitled to enforce or the holder it's
01:41:31
it's still person entitled to enforce or
01:41:34
holder is still going to be the main
01:41:37
aspects don't let them throw you off
01:41:40
don't let them throw you off the [ __ ]
01:41:42
the [ __ ]
01:41:43
path and and holder versus person intal
01:41:47
to enforce is also very similar so don't
01:41:49
think that oh God there's two turn no no
01:41:51
it's actually very simple this just
01:41:52
pretty much just one idea here to to a
01:41:55
most degree it's not entirely but at
01:41:57
this point you understand what I'm
01:41:58
talking about on part
01:42:00
four the instrument has not been altered
01:42:04
the instrument is not blah blah the this
01:42:06
and that and the [ __ ] you know
01:42:08
they're made and who took the instrument
01:42:10
in good faith May recover from the
01:42:11
warrant tour and damages blah blah yeah
01:42:13
so it's it's it's we're looking at a lot
01:42:16
of the same thing we've already seen
01:42:17
just just said in a different way that
01:42:19
one's more of like an overall summary of
01:42:21
a lot of things we've been learning so
01:42:22
far
01:42:24
if an unaccepted draft is presented to
01:42:26
the draw e for payment or acceptance and
01:42:28
the draw e pays or accepts the draft the
01:42:31
person obtaining payment or acceptance
01:42:33
at the time of
01:42:35
presentment and a previous transer
01:42:40
transfer of the draft the time of
01:42:42
transfer warrant to the draw e making
01:42:45
payment or accepting the
01:42:47
draft presentment warranties the warrant
01:42:51
is or was the time warranty trans for
01:42:53
draft dra
01:42:55
authorized to obtain payment
01:42:59
BL so it's it's again we're looking at a
01:43:02
lot of the same stuff uh an overall
01:43:04
summary of various things that can go
01:43:05
wrong for
01:43:08
transferring
01:43:20
um what is a warrantor in
01:43:25
Financial
01:43:35
transactions it's giv me guarantor um is
01:43:40
guarantor the same thing
01:43:42
as warrantor
01:43:47
maybe possibly is a person or entity
01:43:49
that assumes a financial obligation of
01:43:51
another party so it's the person who has
01:43:53
financial
01:43:55
responsibility um could that be the
01:43:56
definition of
01:43:58
warrantor
01:44:04
um it very well could be Let's uh let's
01:44:06
let's ask
01:44:08
AI real quick
01:44:10
[Music]
01:44:15
um what is a
01:44:20
war war
01:44:25
in
01:44:27
tour when it comes
01:44:30
[Music]
01:44:33
to
01:44:36
negotiable instruments question
01:44:50
mark a warrantor in the context text of
01:44:53
negotiable instruments refers to an
01:44:55
individual who makes certain implied
01:44:58
warranties when transferring an
01:45:00
instrument for consideration one that
01:45:04
they are entitled to enforce the
01:45:05
instrument two that the signatures of
01:45:07
the instrument are authentic and
01:45:08
authorized three that the instrument has
01:45:09
not been altered four that the
01:45:11
instrument is not subject to defense or
01:45:13
claim five that they have no knowledge
01:45:16
of any insolvency proceedings okay if
01:45:20
that's true then the warrantor
01:45:24
is someone who basically just just
01:45:27
basically swears under penalty of
01:45:29
perjury or swears to the fact that these
01:45:32
various aspects that would make a an
01:45:35
instrument non-negotiable are untrue and
01:45:39
that the various aspects that make
01:45:42
it negotiable would be
01:45:47
true legal what is the legal
01:45:51
definition of
01:45:55
warranties when it comes to
01:46:01
financial
01:46:12
transactions the legal definition of
01:46:14
warranties when it comes to financial
01:46:16
transactions is a promise or guarantee
01:46:18
made by a seller about the
01:46:21
characteristics or qu quality of
01:46:23
property goods or services warranties
01:46:25
and financial transactions are
01:46:27
statements made by one party that the
01:46:29
other party relies on when entering the
01:46:32
contract and a breach of warranty gives
01:46:34
the injured party claim for de okay so
01:46:37
it's a promise that that if the promise
01:46:39
is broken or untrue they can sue on okay
01:46:41
that makes sense it's like an insurance
01:46:43
it's like a verbal insurance policy okay
01:46:46
okay okay okay okay
01:46:47
okay
01:46:49
um breach of warranty equal to yeah yeah
01:46:52
that makes sense okay okay so if I
01:46:53
promise you that blah blah then that bad
01:46:55
things can happen blah blah that makes
01:46:57
sense whoa what's happening here that
01:47:00
makes sense okay I I I I'm tracking I'm
01:47:03
tracking
01:47:11
um warranty warrantor States blah blah
01:47:15
you're promising things blah so don't
01:47:17
promise [ __ ] you can't deliver don't
01:47:19
promise [ __ ] that's not true and if you
01:47:20
do bad things are going to happen that's
01:47:23
basically what I'm seeing here we're
01:47:25
going to skip on because we don't have a
01:47:27
whole lot more we're going to get all
01:47:28
this done in one video which is beyond
01:47:29
what I thought payment or acceptance by
01:47:32
mistake
01:47:44
um I'm running out of steam here guys I
01:47:46
apologize um
01:48:01
if someone receives a a thing and it's
01:48:04
not it's by mistake then the person if
01:48:07
they receive it in good
01:48:13
faith can maybe negotiate the instrument
01:48:20
possibly I don't know
01:48:23
something something you guys can look at
01:48:25
this I'm running out of steam here guys
01:48:27
I
01:48:45
apologize so this is interesting if if
01:48:48
if if an instrument is issued for value
01:48:50
given the benefit of a party to the
01:48:52
instrument AC that's the accommodated
01:48:54
party and another party to the
01:48:55
instrument accommodation party signs the
01:48:57
instrument for the purpose of incurring
01:48:59
liability this is what they're always
01:49:01
trying to do with you this is the all
01:49:03
caps versus the upper and lower kids
01:49:04
name the all caps is the
01:49:07
accommodation accommodated party and
01:49:11
then you is the natural person I guess
01:49:14
you could say is the accommodation party
01:49:17
you're the one incurring liability of
01:49:19
the instrument without being a direct
01:49:21
beneficiary of the value you given this
01:49:24
is actually very
01:49:26
important um this is what they're doing
01:49:29
an accommodation party May sign the
01:49:30
instrument as maker drawer acceptor or
01:49:32
endorser and so they're talking about
01:49:35
the all caps name oh no no the the the
01:49:38
upper and lower case that the natural
01:49:40
person may sign the in the thing as all
01:49:44
these different things and subject to
01:49:45
blah is obligated to pay the instrument
01:49:48
so you're the one signing it you're the
01:49:50
one who's responsible for it okay
01:49:54
um a person signing an instrument is
01:49:56
presumed to be in a combination party
01:49:59
and there is notice that the instrument
01:50:02
is signed for accommodation if the
01:50:03
signature is a oh God or is a company
01:50:07
we're not going to get into that or is
01:50:09
accompanied by words indicating the
01:50:11
signer is acting as shorty or guarantor
01:50:14
so you've heard a lot of this you know
01:50:16
like you're signing on assurity on
01:50:19
behalf of the ELC Cap's name blah blah
01:50:20
blah well this is this is the evidence
01:50:23
that that is what's occurring and if
01:50:25
anybody asks in a court of law this is
01:50:28
what you're going to show them
01:50:33
right and we're going to talk about this
01:50:35
for [ __ ] nine years in a court of law
01:50:38
you know the beauty of being prosay is
01:50:40
that you don't need to pay by hour for a
01:50:43
[ __ ] bar
01:50:45
card you're in there to win it it could
01:50:47
be 9,000 hours you're going to you're
01:50:49
going to you're going to [ __ ] it
01:50:50
could be goddamn [ __ ] Bill Bill
01:50:53
Clinton and you're going to be in there
01:50:55
sucking him dry through his [ __ ] bar
01:50:57
card his bar card is going to be the
01:50:59
happiest guy in the world sucking him
01:51:00
dry G be making [ __ ] uh I heard down
01:51:03
the Grapevine I think it was from Joey
01:51:05
Kimbro I heard down the Grapevine that
01:51:07
[ __ ] Donald Trump in this whole New
01:51:10
York case and everything else you spent
01:51:13
$50 million on on on bar cards and and
01:51:17
legal
01:51:21
fees you know I'm going to spend on bar
01:51:23
cars and legal fees if you sue me $0
01:51:30
and0 I mean the only real expense I'm
01:51:32
going to have is is is is is blowing
01:51:34
your [ __ ] up and creating PR releases on
01:51:37
everything I'll [ __ ]
01:51:39
pay God knows how many magazines and
01:51:43
whatever and I'll I'll blow this [ __ ] up
01:51:46
to the point where everyone in their
01:51:48
mothers is talking about
01:51:50
it I'll pay a PR firm or whatever I I
01:51:53
don't care I got tons of cash and
01:51:56
knowwhere to put it and nothing to
01:51:59
lose I'm just waiting for someone to sue
01:52:01
me God I can't [ __ ] wait Jesus
01:52:10
[ __ ]
01:52:14
um the
01:52:16
signature of a party of a [ __ ] blank
01:52:20
blank um
01:52:36
I don't
01:52:38
know I'm starting to lose a lot of steam
01:52:40
here guys I apologize I'm I'm really
01:52:42
kind of getting getting tapped I think
01:52:45
I'm
01:52:46
gonna oh we got one more yeah I think
01:52:48
I'm gonna uh bow out on this one I'm I'm
01:52:51
bowing out I'm done conversion of
01:52:54
instrument um
01:53:30
[Music]
01:53:34
uh conversion of instrument um 420 it's
01:53:37
good for you guys 420 uh the law
01:53:40
applicable to conversion of personal
01:53:44
property applies to
01:53:45
instruments this feels kind of important
01:53:48
um even though I don't really know what
01:53:50
it says um there's a part of me that's
01:53:52
kind of like like oh you should focus on
01:53:53
this one uh the negotiation from a
01:53:57
person or Bank makes or obtains payment
01:54:01
with respect to the instrument for the
01:54:06
purpos action for conversion may not be
01:54:24
maybe
01:54:25
not anyways yeah I'm out of steam
01:54:29
guys I am I am out of
01:54:32
gas I am out of gas
01:54:35
so okay it's dark here the sun's down um
01:54:40
I'm
01:54:41
done I'll see you guys on part
01:54:44
five later