Kylie Minetta

Non Negotiable Instruments Examples. A negotiable instrument is a document that can be transferred from one person to another through endorsement,. A negotiable instrument contains no promise to perform any duties under a contract, and makes no consequence if the payer defaults, as would a contract.

The most commonly encountered instruments in. Common examples of negotiable instruments include promissory notes, bills of exchange (also known as drafts) and checks.