Explain whether the following instrument is negotiable. March 1, 2014 One month from date, I, James Jimson,

Question:

Explain whether the following instrument is negotiable.

March 1, 2014

One month from date, I, James Jimson, hereby promise to pay Edmund Edwards: Six Thousand, Seven Hundred Fifty ($6,750.00) Dollars, plus 8 ¾ % interest. Payment for cutting machines to be delivered on March 15, 2014.

James Jimson

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Smith and Robersons Business Law

ISBN: 978-0538473637

16th edition

Authors: Richard A. Mann, Barry S. Roberts

Question Posted: