Video Question Go to this text’s Web site at www.cengage.com/blaw/blt and select “Chapter 18.”
Click on “Video Questions” and view the video titled Negotiable Instruments. Then answer the following questions.
1 Who is the maker of the promissory note discussed in the video?
2 Is the note in the video payable on demand or at a defi nite time?
3 Does the note contain an unconditional promise or order to pay?
4 If the note does not meet the requirements of negotiability,
can Onyx assign the note (assignment was discussed in Chapter 13) to the bank in exchange for cash?