Which of the following must a promissory note contain to make it negotiable?
A) an acknowledgement of debt
B) an implied promise to pay
C) an unconditional promise to pay
D) a promise to negotiate

Question

Quizplus · Accepted Answer

To be negotiable, a promissory note must contain an unconditional promise to pay, which means that the promise to pay is not subject to any conditions or contingencies. The other options may be included in a promissory note, but they do not make the note negotiable on their own.

Which of the Following Must a Promissory Note Contain to Make