Jane owes Bob $500.Bob requests that Jane sign a document,so Jane signs the following document: "I owe Bob $500.(Signed) Jane." This document is:
A) a draft
B) a check
C) a note
D) a certificate of deposit
E) not a negotiable instrument
Correct Answer:
Verified
Q39: Which of the following is not one
Q41: Madolyn's father executes a promissory note stating,"I
Q42: Identify the following instrument,identify the role of
Q43: Determine whether the following instrument is a
Q45: If one instrument stated,"Pay to the Order
Q47: Sandy signs a negotiable instrument that orders
Q48: Which of the following would qualify as
Q49: Which of the following statements,if it appeared
Q74: In negotiable instruments,negotiation refers to the process
Q147: The law of negotiable instruments was designed
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