Examlex
Which of the following statements, if any, is false?
Negotiable Instrument
A written promise to pay a specified sum of money, payable either on demand or at a specific future date, with the document listing the name of the person who will make the payment.
Unconditional Promise
A commitment or guarantee without any stipulations or requirements that the promisor must fulfill.
Agreement
A mutual understanding or arrangement between two or more parties, often formalized by a contract.
Contractual Intent
The intention of parties to enter into a legally binding agreement, demonstrated by their words, actions, and circumstances surrounding the agreement.
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