Question: QUESTION 1 You will need to read CLA Chapter 15 to answer this question On the back of an envelope, Rachel writes, I promise to

QUESTION 1 You will need to read CLA Chapter 15 to answer this question On the back of an envelope, Rachel writes, "I promise to pay Chandler 5500 on demand. Rachel siped the envelope. What type of instrument is this? What are the elements necessary for an instrument to be negotiable? Is Rachel's writing negotiable? TT T Arial 3113pt) QUESTION 1 You will need to read CLA Chapter 15 to answer this question On the back of an envelope, Rachel writes, "I promise to pay Chandler 5500 on demand. Rachel siped the emelope. What type of instrument is this? What are the elements necessary for an instrument to be negotiable? Is Rachel's writing negotiable? TT T Aria (13pt) BI

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