NEGOTIABLE INSTRUMENTS-Quizzer (Part I)

-Atty. Macmod

Determine if the Instrument is Negotiable or Non-negotiable:

1. Pay to the order of X, P50,000 on demand. Sgd: Y

2. I oblige myself to pay X or bearer P20,000. Sgd: Y
3. Authorizing you to pay X or order P50,000, To: A, Sgd. Y
4. I promise to pay X P50,000 on demand, Sgd: Y
5. Please pay A or bearer P100,000 or deliver a car, Sgd: Y
6. Pay to A or bearer P50,000 plus attorney’s fees in case of dishonor, To: B, Sgd. C
7. Pay to A or order P100,000, To: B, Sgd. B
8. Pay to A or order P100,000, To: B, Sgd. A
9. Pay to Cash, P50,000, To: A, Sgd. B
10. Pay to the bearer X, P50,000, upon demand, To: Y, Sgd. A
11. Due to B or order P50,000 on demand, Sgd. C
12. Pay to A or bearer on demand, To: B, Sgd, C
13. I promise to pay X P50,000 on demand, Sgd. Y
14. Pay to the order of A, P50,000 on June 15, Sgd. Y
15. Pay to the order of the bearer P50,000, To: C, Sgd. D
16. Pay to the bearer upon presentment, P50,000, To: A, Sgd. B
17. Requesting you to pay A or order P50,000, To: B, Sgd. C
18. Pay to X or bearer upon demand P50,000 plus 20% interest per annum, To: B,
Sgd. C.
19. Pay to the order of Queen Joan of Arc P100,000, To: B, Sgd. C
20. Pay to the order of A, P100,000 for legal services rendered. To: B or C, Sgd. D
21. Pay to the Dean of UST P100,000 on June 30, 2015, To: C, Sgd. D
22. Pay to the order of A or B P100,000 on demand, To: X an Y, Sgd. D
23. I promise to the bearer of this note P100,000 when my means will permit me to
pay. Sgd. A
24. Pay to A or order P50,000 out of my salary from UST. Sgd. B
25. Pay to the order of X and reimburse yourself out of my salary from UST. Sgd. B,
To: A