For an instrument to be negotiable it must
A) contain the word order or bearer.
B) be written.
C) contain the date the instrument was prepared.
D) contain the word order or bearer and be written.
Correct Answer:
Verified
Q24: If an instrument is negotiable, it
A) can
Q25: The signature on a negotiable instrument must
A)
Q26: An IOU for $500 is
A) illegal.
B) a
Q27: An instrument stating on its face, "Pay
Q28: A(n) _ refers to a written document
Q30: A promissory note is not negotiable if
Q31: An instrument is not negotiable if it
Q32: Samuels gave Albrite's Lumber Company a ninety-day
Q33: The drawee of a check is always
Q34: A negotiable promissory note must contain
A) a
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