What Should A Promissory Note Contain To Make It Negotiable
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Question
1. Which of the following must a promissory note contain to make it negotiable?
a. Acknowledgement of debt
b. Implied promise to pay
c. Unconditional affirmative to pay
d. Promise to negotiate
2. If a person employs an architect to design the layout of his or her home, it would constitute a(n) _____ relationship.
a. Employer-employee
b. Principal-independent contractor
c. Principal-agent
d. Agent-independent contractor
Summary
These multiple choice questions belong to Law. The 1st question discusses about what a promissory note should contain to make it negotiable and the 2nd question discusses about what would hiring someone to do something would constitute.
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