Negotiability is wholly a matter of form.

Name: Negotiability is wholly a matter of form.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Negotiability is a legal concept that refers to the ability of a negotiable instrument, such as a check or promissory note, to be transferred from one person to another without the need for the original parties to the instrument to be involved. The negotiability of an instrument is determined by its form, which must meet certain requirements set forth in the Uniform Commercial Code (UCC).

Negotiability Is Wholly a Matter of Form