Question
A issued a promissory note to B which has all the other requisites for negotiability. However, A inserted a provision on the instrument which provides
A issued a promissory note to B which has all the other requisites for negotiability. However, A inserted a provision on the instrument which provides that he will pay only when his means permit him to do so. Is the promissory note still negotiable? Why or why not?
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Business Law Today The Essentials Text and Summarized Cases
Authors: Roger LeRoy Miller
11th edition
1305644522, 9781305856530, 1305574796, 9781305644526, 1305856538, 978-1305574793
