Study each of the following cases carefully. Briefly state the principle of law and your decision. Negotiablity of Note Grove Hotel hired Fortas, an electrical contractor, and paid him with a

Study each of the following cases carefully. Briefly state the principle of law and your decision.
Negotiablity of Note Grove Hotel hired Fortas, an electrical contractor, and paid him with a promissory note for $3,400. The note stated that it was “with interest at prevailing bank rates.” Did the stipulation about interest rates affect the negotiability of the note?
Principle of Law:
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Decision:
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