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?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Why is negotiable instrument
Reference No:- TGS02084653

Expected delivery within 24 Hours