Smith has in his possession the following instrument: September 1, 2003 I, Selma Ray, hereby promise to

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Smith has in his possession the following instrument:

September 1, 2003 I, Selma Ray, hereby promise to pay Helen Savit One Thousand Dollars

($1,000) one year after date. This instrument was given for the purchase of Two Hundred (200) shares of Redding Mining Corporation, Interest 6%.

Selma Ray (signature).

What is this instrument? Is it negotiable?

638 Part 4 Negotiable Instruments AppendixLO1

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Anderson's Business Law And The Legal Environment

ISBN: 9780324638189

20th Edition

Authors: David P Twomey, Marianne M Jennings, Ivan Fox

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Question Posted: Jul 04, 2024 09:00 AM

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Smith has in his possession the following instrument: September 1, 2003 I, Selma Ray, hereby promise to

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Anderson's Business Law And The Legal Environment

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