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1. Juan Cruz borrowed money from Pedro Santos and signed the promissory note with an "X" since he was ill at the time. The "X" signature is sufficient to comply with the requirement that the instrument be signed by the maker, as Juan Cruz adopted it with the intent to authenticate the instrument. 2. A bill of exchange can be treated as a promissory note when the drawer and drawee are the same person, the drawee is fictitious, the drawee lacks capacity to contract, or the instrument is ambiguous as to whet

Author

Lysss Epssss

Language

EN