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The following instrument was written on a luncheonette napkin: I, the undersigned, do acknowledge that I owe Joe Johnson ten thousand pounds, with interest, payable
The following instrument was written on a luncheonette napkin:" I, the undersigned, do acknowledge that I owe Joe Johnson ten thousand pounds, with interest, payable at London out of the proceeds from the sale next month of my house in Liverpool. Payment is due on or before six months from this date. Signed at Berlin. Jane Green ." Q: Is this instrument negotiable or nonnegotiable? Explain
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