Emily executes a promissory note in the name of Sonia but does not specify a time for repayment.This promissory note is an example of a(n) ________ instrument.
A) order
B) time
C) demand
D) indorsed
Correct Answer:
Verified
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Q12: A _ is a distinct form of
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Q15: A(n)_ permits the maker to pay the
Q16: Harry orally promises to pay $7,543 that
Q17: A _ is a three-party instrument that
Q18: The signature requirement indicates that a negotiable
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Q20: A(n)_ is a type of instrument that
Q22: A special form of note created when
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