Question

Wiley, Tate & Irby, buyers and sellers of used cars, sold several autos to Houston Auto Sales. Houston wrote out the order for payment on the outside of several envelopes. He signed them and they were drawn on his bank, Peoples Bank & Trust Co., to be paid on the demand of Wiley, Tate & Irby. Can the envelopes qualify as negotiable instruments?



$1.99
Sales0
Views198
Comments0
  • CreatedJuly 16, 2014
  • Files Included
Post your question
5000