If the instrument is classified as a negotiable instrument, it can be readily exchanged or sold to third parties for __________.
A) value
B) free
C) at will
D) None of the choices are correct.

Question

Quizplus · Accepted Answer

Negotiable instruments are designed to be freely transferable and can be exchanged or sold to third parties for value, which means they can be traded for something of worth.

If the Instrument Is Classified as a Negotiable Instrument, It