Requisites of a negotiable intstrument.

S 1. F o n i. - A i t b n m c t t f r:

(a) I m b i w a s b t m o d;

(b) M c a u p o o t p a s c i m;

(c) M b p o d, o a a f o d f t;

(d) M b p t o o t b; a

(e) W t i i a t a d, h m b n o o i t w r c.
Section 1. Form of negotiable instruments. - An instrument to be negotiable must
conform to the following requirements:

(a) It must be in writing and signed by the maker or drawer;

(b) Must contain an unconditional promise or order to pay a sum certain in money;

(c) Must be payable on demand, or at a fixed or determinable future time;

(d) Must be payable to order or to bearer; and

(e) Where the instrument is addressed to a drawee, he must be named or otherwise

indicated therein with reasonable certainty.