Negotiable And Non Negotiable Instrument

Negotiable And Non Negotiable Instrument. A negotiable instrument is a signed document issued by one party, promising to pay a specific amount of money to another party. Chanroblesvirtuallawlibrary (a) it must be in writing and signed.

Guide to what are negotiable instruments. This chapter first considers the definition of a negotiable instrument, as well as the concepts of ‘instrument’ and ‘negotiability’, before explaining how instruments come to be.