To be a negotiable instrument under the requirements of UCC 3-104,a writing must contain either an unconditional order to pay or an unconditional promise to pay a fixed amount of money on demand or at a definite time.
Correct Answer:
Verified
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
Q55: The mere acknowledgement of a debt is
Q56: To be unconditional,a promise to pay cannot
Q57: The signature on a negotiable instrument must
Q58: A negotiable instrument can be handwritten.
Q59: An instrument does not have to be
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