Question with Sample AnswerNegotiable Instruments. Muriel Evans writes the following note on the back of an envelope:
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Question with Sample Answer—Negotiable Instruments.
Muriel Evans writes the following note on the back of an envelope: “I, Muriel Evans, promise to pay Karen Marvin or bearer $100 on demand.” Is this a negotiable instrument? Discuss fully. (See page 466.)
—For a sample answer to Question 18–2, go to Appendix G at the end of this text.
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