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Batz Corporation executes the following writing: Batz Corp. promises to pay Podunk Journal $50 on demand. Charge to Advertising Expense. Dated this 15th day of

Batz Corporation executes the following writing: Batz Corp. promises to pay Podunk Journal $50 on demand. Charge to Advertising Expense. Dated this 15th day of December, 2000. /signed/ Sam Shrimp, Treasurer, Batz Corporation. Was this instrument negotiable?

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