On a piece of paper, Joelle writes, I promise to pay Rio $1000 on demand. Joelle signs

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On a piece of paper, Joelle writes, "I promise to pay Rio $1000 on demand." Joelle signs the note.
What type of instrument is this?
Is it negotiable?
If not, why not?
Write statement in your own words even if you got off internet 500 word count
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Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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