Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Negotiability On a piece of paper, Joelle writes, I promise to pay Rio $1000 on demand. Joelle signs the note. What type of instrument is

Negotiability

On a piece of paper, Joelle writes, "I promise to pay Rio $1000 on demand." Joelle signs the note.

  • What type of instrument is this?
  • Is it negotiable?
  • If not,why not?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law Express Jurisprudence

Authors: Julia Shaw

3rd Edition

1292210273, 978-1292210278

More Books

Students also viewed these Law questions