Negotiability – Business Law scenario

/in /by

Negotiability – Business Law scenario

On a piece of paper, Joelle writes, “I promise to pay Rio $1000 on demand.” Joelle signs the note.

What type of instrument is this?

Is it negotiable?

If not,why not?

If anyone could help me with an answer to this business law question regarding negotiability it would be greatly appreciated.  Thank you

Your paper should be 1-2 pages in length (double-spaced, with one inch margins all around).  Be certain to explain and support your answer.