True/False
An unconditional promise to pay a definite amount makes an instrument nonnegotiable.
Correct Answer:
Verified
Related Questions
Q32: An indorsement that does not specify a
Q57: An indorsement that contains the signature of
Q58: Which of the following is true when
Q59: Which of the following is true about
Q60: A promise by an indorser to pay
Q62: The party to whom a check is
Q63: The maker or drawer of an instrument
Q64: To be negotiable,an instrument must contain a
Q65: The portability requirement is intended to ensure
Q66: One of the benefits of a negotiable
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