A negotiable instrument is a written document containing the signature of the creator that makes an unconditional promise or order to pay a sum certain of money ________.
A) to a third party vendor
B) at either a time certain or on demand
C) as a promissory agreement
D) to a bank
E) to a guarantor

Question

Quizplus · Accepted Answer

Negotiable instruments are characterized by the promise or order to pay a specific amount of money either at a determinable future time or on demand, making option B the correct choice.

A Negotiable Instrument Is a Written Document Containing the Signature