On a Sheet of Paper, Elle Writes, Without Her Signature

question 61

Essay

On a sheet of paper, Elle writes, without her signature, "I acknowledge that I owe Frank $600, payable out of the proceeds of the sale of my car, a 1995 Honda Civic, which I promise to advertise 'For Sale' next week. Payment is to be made on or before six months from today." What type of instrument is this? Is it negotiable? If not, why not?

---

Definitions:

Bottom Line

The final total of an account, balance sheet, or financial result, often referring to a company's earnings or profit.

Teaming

The process of bringing people together to collaborate and work towards a common goal.

Diversity

The inclusion of individuals representing more than one national origin, color, religion, socioeconomic stratum, sexual orientation, etc.

Frames

Conceptual structures used in communication to help individuals organize their perceptions and understandings of a situation.