Question: The text of a handwritten note stated simply that I Robert Harrison owe Peter Jacob $25,000 ., /s/ Robert Harrison. Peter Jacob sought to use

The text of a handwritten note stated simply that “‘I Robert Harrison owe Peter Jacob $25,000 .,’ /s/ Robert Harrison.” Peter Jacob sought to use the handwritten note as a negotiable promissory note. Can he? [Jacob v Harrison, 49 UCC Rep Serv 2d 554 (Del Super)]

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No the note is not a negotiable note Although a promise to pay could be legal... View full answer

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