Question
George was the maker of a written promissory note stating that $500 would be paid for the sale of George's car. George put his initials
George was the maker of a written promissory note stating that $500 would be paid for the sale of George's car. George put his initials on the note instead of writing his full name. The promissory note said that he would be payable six months from the date. The promissory note was not dated. He has now taken possession of this note. Is this note negotiable? Discuss the negotiability items and whether each has been met.
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
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