Question: Is the note from Vexnet a negotiable instrument? a . No , since the note is written as pay to the order and not to
Is the note from Vexnet a negotiable instrument?
a No since the note is written as "pay to the order" and not to the company itself.
b No since the payment is contingent on performance of the work.
c Yes, since the date of completion of the work is already set.
d No since the note is not signed.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
