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10 November, 23:46

Payable on Demand or at a Definite Time Abby Novel signed a handwritten note that read, "Glen Gallwitz 1-8-2002 loaned me $5,000 at six percent interest a total of $10,000." The note did not state a time for repayment. Abby used the funds to manufacture and market a patented jewelry display design. More than three years after Abby signed the note, Glen filed a suit to recover the stated amount. Abby claimed that she did not have to pay because the note was not negotiable, as it was incomplete. Is Abby correct

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  1. 11 November, 02:38
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    Not applicable

    Explanation:

    We don't have enough information to judge this case
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Home » Social Studies » Payable on Demand or at a Definite Time Abby Novel signed a handwritten note that read, "Glen Gallwitz 1-8-2002 loaned me $5,000 at six percent interest a total of $10,000." The note did not state a time for repayment.
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