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  • Class Notes Bar Question No1 Mercantile Negotiable Instruments

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    Tenshi Fukui
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    4 views1 page

    Class Notes Bar Question No1 Mercantile Negotiable Instruments

    Uploaded by

    Tenshi Fukui

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Bar 2013 Question No.

    Antonio issued the following instrument:

    August 10,2013
    Makati City

    P100,000.00

    Sixty days after date, I promise to pay Bobby or his designated representative
    the sum of ONE HUNDRED THOUSAND PESOS(P 100,000.00) from my BPI Acct. No. 1234
    if, by this due date, the sun still sets in the west to usher in the evening
    and rises in the east the following morning to welcome the day.

    (Sgd.) Antonio Reyes


    Explain each requirement of negotiability present or absent in the instrument. (8%)

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