An instrument is payable or at a definite time if it is payable

Name: An instrument is payable or at a definite time if it is payable
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An instrument is considered payable at a definite time if it specifies a precise date or time frame for payment, such as "thirty days after a certain date." Choices A and B involve conditions that are uncertain or indefinite in timing, and choice D relates to the payee rather than the timing of payment.

An Instrument Is Payable or at a Definite Time If