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

Question

Quizplus · Accepted Answer

A promise or order can be payable at a definite time if it is payable at a time that is easily ascertainable at the time the promise or order is issued, such as a fixed date or dates, or a definite period of time after acceptance or sighting. Therefore, all three options (A, B, and C) are correct, making D the best choice.

A Promise or Order Is Payable at a Definite Time