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Business Law 13th Edition by Frank Cross, Kenneth Clarkson, Roger LeRoy Miller
Edition 13ISBN: 978-1133046783Business Law 13th Edition by Frank Cross, Kenneth Clarkson, Roger LeRoy Miller
Edition 13ISBN: 978-1133046783 Exercise 1
Marit worked for Town Garden, a landscape design service, owned by Donald. Marit signed a note payable to Donald to become a co-owner of Town Garden. The note, which was undated, required installment payments, but Donald never asked for them. Is Marit's note a demand note? Explain. (See page 484.)
Explanation
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No, the M's note is not a demand note as...
Business Law 13th Edition by Frank Cross, Kenneth Clarkson, Roger LeRoy Miller
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