Locke gave two promissory notes to Consumer Food, Inc., in payment for merchandise he purchased. The notes
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Locke gave two promissory notes to Consumer Food, Inc., in payment for merchandise he purchased. The notes said, “Buyer agreed to pay to seller.”
Consumer Food, Inc., assigned the notes to Aetna Acceptance Corporation. Were these notes negotiable instruments? [ Locke v. Aetna Acceptance Corporation, 309 So. 2d 43 (Florida).]
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Whether the promissory notes given by Locke to Consumer Food Inc are negotiable instruments depends ...View the full answer
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