I promise to pay to the order of Bob's Auto Emporium $20,000 (Twenty thousand dollars) with interest at the rate of 7% per annum. What type of instrument is this? Does this instrument meet the ...
... requirements for negotiability under the UCC?
It seems so. [ Here's the UCC's definition of negotiable instrument (a) Except as provided in subsections (c) and (d), "negotiable instrument" means an unconditional promise or order to pay a fixed ...
There are no new answers.