1.On the back of an envelope, Phoebe writes, quot;I promise to pay Quint or bearer $600 on de-mand. [Signed] Phoebe.quot; What type of instrument

1.On the back of an envelope, Phoebe writes, “I promise to pay Quint or bearer $600 on de-mand. [Signed] Phoebe.” What type of instrument is this? Is it negotiable? If not, why not?​( just two sentences) no need to be so good

2. On an automated teller machine (ATM) belonging to USA Bank, Sven placed a card-skimming device to pull information from the magnetic strips of users’ debit cards. The device then transmitted the stolen data to thieves who used it to gain access to, and empty, the bank accounts of the users, including Megan. Megan learned of the theft the next day and promptly notified USA. Is Megan entitled to a recredit of her account for the most of the loss due to the theft? Explain.( just two sentences) no need to be so good