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Cengage Advantage Books: Fundamentals of Business Law 9th Edition by Roger LeRoy Miller
Edition 9ISBN: 978-1111530624Cengage Advantage Books: Fundamentals of Business Law 9th Edition by Roger LeRoy Miller
Edition 9ISBN: 978-1111530624 Exercise 24
Question with Sample Answer-Negotiable Instruments. Muriel Evans writes the following note on the back of an envelope: "I, Muriel Evans, promise to pay Karen Marvin or bearer $100 on demand." Is this a negotiable instrument? Discuss fully. (See pages 382-383.)
Explanation
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To be negotiable, an instrument must ful...
Cengage Advantage Books: Fundamentals of Business Law 9th Edition by Roger LeRoy Miller
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