Expert Answer :Soar Airways (Soar) entered into a lease agreement

Solved by a verified expert :Soar Airways (Soar) entered into a lease agreement with Planes-to-Go (PTG). As part of its deposit, Soar delivered a promissory note it held to PTG. It was issued by Interavia LCC in favor of First Finance. The note had a face value of $10,000 with a maturity date one year later and was indorsed in blank by First Finance making the instrument a bearer instrument. PTG then negotiated the promissory note to Fast Cash who paid PTG $9,000. Later, PTG breached its agreement with Soar by failing to deliver the aircraft. After one year, the promissory note matured and Fast Cash wants to cash in the note. You are the attorney for Fast Cash. What advice would you give them regarding payment on the promissory note? What would be Fast Cash status as a holder of the note? What rights would Fast Cash have and what defenses might they encounter?need analysis and in-text citation also references