To be negotiable,an instrument must include an unconditional promise to pay.
Correct Answer:
Verified
Q1: An undated instrument is negotiable.
Q3: Mortgage notes tied to a variable rate
Q4: An instrument payable in the United States
Q5: An instrument including a clause that permits
Q6: An instrument "payable to bearer" is negotiable
Q7: To be negotiable, an instrument must be
Q8: The location of a signature on an
Q9: The party that holds an instrument "pay
Q9: A negotiable instrument serves as a substitute
Q19: A notation on an instrument that it
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents