Types of Negotiable Instruments

Types of Negotiable Instruments

ByHomework Help Classof1

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On a sheet of paper, Elle writes, without her signature, “I acknowledge that I owe Frank $600, payable out of the proceeds of the sale of my car, a 2003 Honda Civic, which I promise to advertise ‘For Sale’ next week. Payment is to be made on or before six months from today.” What type of instrument is this? Is it nego¬tiable? If not, why not?

Details

Publication Date
Feb 6, 2013
Language
English
Category
Education & Language
Copyright
All Rights Reserved - Standard Copyright License
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By (author): Homework Help Classof1

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PDF

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