Explain whether the following instrument is negotiable. March 1, 2014 One month from date, I, James Jimson,
Question:
Explain whether the following instrument is negotiable.
March 1, 2014
One month from date, I, James Jimson, hereby promise to pay Edmund Edwards: Six Thousand, Seven Hundred Fifty ($6,750.00) Dollars, plus 8 ¾ % interest. Payment for cutting machines to be delivered on March 15, 2014.
James Jimson
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Negotiable The instrument provides a promise to pay ...View the full answer
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Related Book For
Smith and Robersons Business Law
ISBN: 978-0538473637
16th edition
Authors: Richard A. Mann, Barry S. Roberts
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