Melanie E. Regan wrote the following words on a sheet of notebook paper in her own handwriting:
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Melanie E. Regan wrote the following words on a sheet of notebook paper in her own handwriting: “Twenty years from date, I, Melanie E. Regan promise to pay to the order of Ryan M. Brown $10,000 without interest.” She did not sign the paper at the end. Is the instrument negotiable? Why or why not?
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The instrument in question is not negotiable One of the key criteria for an instrument to be conside...View the full answer
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Related Book For
Business Law With UCC Applications
ISBN: 9780073524955
13th Edition
Authors: Gordon Brown, Paul Sukys
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