A(n) ____________________ refers to a written document that can be used as a substitute for money.
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Q23: A promissory note payable "on the day
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
Q29: For an instrument to be negotiable it
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
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