Question: Muriel Evans writes the following note on the back of an envelope: I, Muriel Evans, promise to pay Karen Marvin or bearer $100 on demand.

Muriel Evans writes the following note on the back of an envelope: “I, Muriel Evans, promise to pay Karen Marvin or bearer $100 on demand.” Is this a negotiable instrument? Discuss fully

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For an instrument to be negotiable it must meet the following requirements a Be in writing ... View full answer

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