Article 3 of the UCC is the statutory law that governs negotiable instruments.

Name: Article 3 of the UCC is the statutory law that governs negotiable instruments.
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Article 3 of the Uniform Commercial Code (UCC) specifically deals with negotiable instruments, outlining rules for promissory notes, drafts (including checks), and other instruments that facilitate the transfer of money and the extension of credit.

Article 3 of the UCC Is the Statutory Law That