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

Question

Quizplus · Accepted Answer

All of these conditions (A, B, C) define circumstances under which a promise or order is considered payable at a definite time, according to the Uniform Commercial Code (UCC) regarding negotiable instruments.

A Promise or Order Is Payable at a Definite Time