A bearer instrument is payable to anyone in physical possession of the instrument who presents it for payment when it is due.
Correct Answer:
Verified
Q43: Grandma has sent you a properly-completed check
Q44: All negotiable instruments must be payable to
Q45: The essence of the fixed amount requirement
Q46: Stanley Smith is an agent of the
Q47: A negotiable instrument may be a conditional
Q49: A note that requires the performance of
Q50: A writing must be on paper in
Q51: An agent of a corporation who signs
Q52: In terms of an order to pay
Q53: If an instrument provides for interest but
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents