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Explain the following statement/s not less than 5 sentences. 1. Distinguish negotiable instruments from non-negotiable instrument. 2. Define negotiation. 3. Define indorsement. 4. Who are

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Explain the following statement/s not less than 5 sentences. 1. Distinguish negotiable instruments from non-negotiable instrument. 2. Define negotiation. 3. Define indorsement. 4. Who are the parties in a bill of exchange? Distinguish one from the other. 5. Distinguish bill of exchange from promissory note. 6. Who are the partied in a promissory note? Distinguish one from the other

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