Gail Sak wanted to give her niece, Kim Ryan, a gift of money for her twenty-first birthday,

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Gail Sak wanted to give her niece, Kim Ryan, a gift of money for her twenty-first birthday, which was two weeks away. Because she was leaving for a trip to Europe the next day, Sak gave Ryan a check dated that day reading, “Pay to the order of Kim Ryan when she reaches the age of twenty-one (signed) Gail Sak.” Was the check negotiable? Why or why not?

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Business Law With UCC Applications

ISBN: 9780073524955

13th Edition

Authors: Gordon Brown, Paul Sukys

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