Why is negotiable instrument
Assignment:
Joe agrees to loan Amy $500. Amy agrees to pay Joe back, but Joe wants it in writing. Amy takes out a piece of tissue paper and writes, "Amy agrees to pay Joe $500." Is this a negotiable instrument? Why or why not?
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Amy takes out a piece of tissue paper and writes, "Amy agrees to pay Joe $500." Is this a negotiable instrument? Why or why not?
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