BA265 Business LawII – Negotiability
Negotiability
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?
| Grading Criteria Assignments | Maximum Points |
| Meets or exceeds established assignment criteria | 40 |
| Demonstrates an understanding of lesson concepts | 20 |
| Clearly presents well-reasoned ideas and concepts | 30 |
| Uses proper mechanics, punctuation, sentence structure, spelling, and APA style | 10 |
| Total | 100 |
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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?
This can be termed as a negotiable instrument. A negotiable instrument is defined as a document such as promissory note or check that contains……….
APA
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