negotiability

What Makes A Promissory Note Negotiable?

by

What Makes A Promissory Note Negotiable? A negotiable instrument must be a written document signed by the person who created it. It must contain a promise to pay a certain amount without conditions. This must be an exact amount, with or without interest, that is either payable at a specific future date or on demand

What Are The 7 Requirements To Negotiability?

by

What Are The 7 Requirements To Negotiability? To be negotiable, an instrument must meet the following requirements: It must (1) be in writing, (2) be signed by the maker or drawer, (3) contain an unconditional promise or order to pay, (4) state a fixed amount of money, (5) be payable on demand (or at sight)