Is the I.O.U a negotiable instrument? Why or why not? Can Steibler recover the
$500 face amount of the I.O.U. from Stawback? What defenses to payment, if any, can be
asserted and by whom? Explain.
Is the I.O.U a negotiable instrument? Why or why not? Can Steibler recover the
$500 face amount of the I.O.U. from Stawback? What defenses to payment, if any, can be
asserted and by whom? Explain.