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    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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    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 ...

    Solution Summary

    Requirements of negotiability is discussed very comprehensively in this explanation.

    $2.19

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