Negotiabilty
On a piece of paper, Joelle writes, “I promise to pay Rio $1000 on demand.” Joelle signs the note.
What type of instrument is this?
Is it negotiable?
If not,why not?
On a piece of paper, Joelle writes, “I promise to pay Rio $1000 on demand.” Joelle signs the note.
What type of instrument is this?
Is it negotiable?
If not,why not?
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