Which of the following is a written document signed by the maker or drawer with an unconditional promise or order to pay a certain sum in money on demand or at a specified time to the order of bearer?
A) An acknowledged instrument.
B) A contract instrument.
C) A negotiable instrument.
D) A holder instrument.
E) A delivered instrument.

Question

Quizplus · Accepted Answer

A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document. Examples include checks, promissory notes, and bills of exchange.

Which of the Following Is a Written Document Signed by the Maker