A promise to pay in shares of stock satisfies the "sum certain" requirement for a negotiable instrument.

Name: A promise to pay in shares of stock satisfies the "sum certain" requirement for a negotiable instrument.
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Question

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Negotiable instruments must promise or order payment to be made in a national currency.Although a promise to pay in shares of stock may form a perfectly enforceable contract,the resulting instrument is not a negotiable instrument.

A Promise to Pay in Shares of Stock Satisfies the "Sum