Explain whether the following instrument is negotiable. March 1, 2011 One month from date, I, James Jimson,

Question:

Explain whether the following instrument is negotiable. March 1, 2011
One month from date, I, James Jimson, hereby promise to pay Edmund Edwards: Six thousand, Seven hundred Fifty ($6,750.00) dollars, plus 8 3/4% interest. Payment for cutting machines to be delivered on March 15, 2011.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

Question Posted: