Which of the following would be an unconditional promise or order to pay?
A) "I hereby acknowledge my debt to John Jones."
B) "I hereby promise to pay $2,000 to John Jones provided the lawn tractor sold meets the contractual specifications."
C) "Pay to the order of bearer ten dollars."
D) "IOU fifty dollars."
Correct Answer:
Verified
Q41: Which of the following will destroy negotiability?
A)
Q42: Negotiable instruments:
A) include drafts, promissory notes, assignments,
Q43: Which of the following has been held
Q44: All but which one of the following
Q45: Which of the following does not fulfill
Q47: Which article of the UCC governs "negotiable
Q48: References to other agreements in negotiable instruments:
A)
Q49: Bill's car broke down on a dark,
Q50: A promise or order is payable at
Q51: Which of the following would not be
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