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Think in terms of Negotiable Instruments ( not the elements to form a contract ) . All 7 requirements are not present in each situation;

Think in terms of Negotiable Instruments (not the elements to form a contract). All 7 requirements are not present in each situation; however, identify which one is in question and if that appropriately qualifies it as an NI. Provide a detailed explanation for each.
1. Del and Ray, over lunch, discuss the purchase of an auto. Del, the buyer, tears a scrap off her brown lunch bag and writes terms down as Ray dictates. She signs it. Assuming the terms are valid, does this qualify as a NI?
2. Carl writes, "I promise to pay to the order of Kim Adams $1,000 if he replaces the roof on my garage." Does this qualify as a NI?
3. A typed note provided the following: I Lindel Harper owe Randall Jansen $30,000(thirty thousand dollars) as of 9/27/99 for the following:
-$18000 for Case backhoe
-$5,000 for a loan
$7,000 for a box trailer with hitch
Does this qualify as a NI?
4. A note contains a promise to pay 'the value of savings bonds at maturity in 5 years.' Does this qualify as a NI?
5. Bill creates a note today that says "Payable on December 30,2020" which is in only 4 days. Does this qualify as a NI?

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