A promise or order is payable at a definite time if it is payable:
A) on or before a stated date.
B) at a definite period of time after sight or acceptance.
C) at a time readily ascertainable at the time the promise or order is issued.
D) All of these.

Question

Quizplus · Accepted Answer

A promise or order is payable at a definite time if it is payable on or before a stated date (A), at a definite period of time after sight or acceptance (B), or at a time readily ascertainable at the time the promise or order is issued (C). Therefore, all of these options are correct.

A Promise or Order Is Payable at a Definite Time