Question
On the back of an envelope, Hilda writes, I promise to pay Larry or bearer $600 on demand. [Signed] Hilda. What type of instrument is
On the back of an envelope, Hilda writes, "I promise to pay Larry or bearer $600 on demand. [Signed] Hilda." What type of instrument is this? Is it negotiable? If not, why not? Explain your answer fully using all the elements of a negotiable instrument.
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Canadian Business & the Law
Authors: Dorothy DuPlessis, Shannnon o'Byrne, Steven Enman, Sally Gunz
4th edition
176501622, 978-0176501624
