Requirements of Negotiability
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The following note is written by Joan Ellis on the back of an envelope: "I, Joan Ellis, promise to pay Julie Martin or bearer $100.00 on demand." Is this a negotiable instrument? Fully discuss this scenario?
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Requirements of negotiability is discussed very comprehensively in this explanation.
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The following note is written by Joan Ellis on the back of an envelope: "I, Joan Ellis, promise to pay Julie Martin or bearer $100.00 on demand." Is this a negotiable instrument? Fully discuss this scenario?
Yes, this is negotiable instrument. The note written by Joan Ellis to pay ...
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- MBA, Eastern Institute for Integrated Learning in Management
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