instruments that contain a promise to pay money. (ie - checks)
a commercial paper that is fully transferable
a written promise to pay a specific amount of money
an instrument used to show someone is requiring someone else to pay money. a check is the most common.
the issuer of a promissory note
the person receiving the money
the person who issues the draft
the person who pays the draft (ie - the bank)
the maker of the promissory note
holder in due course
someone who has given value for an instrument in good faith
transfer of an instrument by someone other than the issuer. to be negotiated, order paper must be indorsed and then delivered to the transferee.
the signature of the payee
Please allow access to your computer’s microphone to use Voice Recording.
We can’t access your microphone!
Click the icon above to update your browser permissions and try again
Reload the page to try again!
Press Cmd-0 to reset your zoom
Press Ctrl-0 to reset your zoom
It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.
Your microphone is muted
For help fixing this issue, see this FAQ.