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1 Cards in this Set

  • Front
  • Back
9 Elements of Negotiable Instrument
(1) A WRITTEN;
(2) PROMISE/ORDER;
(3) TO PAY A FIXED AMOUNT;
(4) OF MONEY;
(5) SIGNED BY MAKER/DRAWER;
(6) PAYABLE TO ORDER/BEARER;
(7) ON DEMAND/DEFINITE TIME;
(8) THAT IS UNCONDITIONAL; and
(9) AND CONTAINS NO OTHER PROMISE BY THE PERSON PROMISING TO PAY