The Code section which sets forth the requirements that must be met for an instrument to be negotiable is:
A) 2-209.
B) 3-104.
C) 4-405.
D) 3-250.

Question

Quizplus · Accepted Answer

The section that sets forth the requirements for an instrument to be negotiable is found in Article 3 of the Uniform Commercial Code (UCC). Section 3-104 specifically lists the criteria that must be met for an instrument to be considered negotiable.

The Code Section Which Sets Forth the Requirements That Must