
Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson
Edition 4ISBN: 978-1133709107
Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson
Edition 4ISBN: 978-1133709107 Exercise 10
Donna gives a promissory note to C. J. Which of the following errors would make the note invalid
(a) The instrument was written on a dirty sock.
(b) The instrument promised to pay 15,000 euros.
(c) The note stated that Donna owed C. J. "$1,500: One thousand and five dollars."
(d) Donna signed the note without reading it.
(e) The due date was specified as "three months after Donna graduates from college."
(a) The instrument was written on a dirty sock.
(b) The instrument promised to pay 15,000 euros.
(c) The note stated that Donna owed C. J. "$1,500: One thousand and five dollars."
(d) Donna signed the note without reading it.
(e) The due date was specified as "three months after Donna graduates from college."
Explanation
1. It should be in writing.
2. It is val...
Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson
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