The following note is written by Muriel Evans on the back of an envelope: I, Muriel Evans,
Question:
The following note is written by Muriel Evans 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 the full answer
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Related Book For 
Business Law Text and Exercises
ISBN: 978-1305509603
8th edition
Authors: Roger LeRoy Miller, William E. Hollowell
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