LAW Nego
LAW Nego
LAW Nego
FINAL EXAMINATION
LAW 3
LAW ON NEGOTIABLE INSTRUMENTS
70. It is a form of expression sufficient which can be deducted as a direct promise to pay a sum
certain in money
a. Unconditional Promise
c. Conditional Promise
b. Unconditional Order
d. Conditional Order
ESSAY 20 Points
71- 80 Section I of NIL states that in order to be negotiable the instruments must conforms to the
following requirements. Enumerate those requirements. (2 points each)
1._____________________________________________________________________
2._____________________________________________________________________
3._____________________________________________________________________
4._____________________________________________________________________
5._____________________________________________________________________