Question: Jane owes Bob $ 5 0 0 . Bob requests that Jane sign a document, so Jane signs the following document: I owe Bob $

Jane owes Bob $500. Bob requests that Jane sign a document, so Jane signs the following document: "I owe Bob $500 and will pay on 8/8/12.(Signed) Jane." This document is:
Group of answer choices
a draft.
a check.
a note.
a certificate of deposit.
not a negotiable instrument.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!