NEGOTIABLE INSTRUMENTS LAWA negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand, or at a set
NEGOTIABLE INSTRUMENTS LAW
A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time with the payer named on the negotiable instrument. More specifically, it is a document contemplated by a contract, which warrants the payment of money without condition which may be paid on demand or at a future date.