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This document defines key terms related to negotiable instruments. It discusses the requirements for an instrument to be negotiable, including being in writing, containing an unconditional promise to pay a sum certain in money, and being payable on demand or at a fixed future time. It also defines related terms like drawer, holder, promissory note, bill of exchange, maker, and commercial paper. Negotiability depends on the face of the instrument meeting the requirements, not on the validity of the underlyin

Author

Apple Obias

Language

EN