Commercial Law, 2012 Bar — Question 24

MULTIPLE CHOICE

A promissory note which does not have the words “or order" or “or bearer" will render the promissory note non-negotiable, and therefore A) it will render the maker not liable; B) the note can still be assigned and the maker made liable; C) the holder can become holder in due course; D) the promissory note can just be delivered and the maker will still be liable.

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