Paul agreed to lend Marsha $500. Thereupon Marsha made and delivered her note for $500 payable to

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Paul agreed to lend Marsha $500. Thereupon Marsha made and delivered her note for $500 payable to Paul or order ‘‘ten days after my marriage.’’ Shortly thereafter Marsha was married. Is the instrument negotiable? Explain.

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Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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