Which of the following is not a negotiable instrument?
A) Traveler's check
B) U.S. Dollars
C) Certificate of deposit
D) Note
E) Certified check

Question

Quizplus · Accepted Answer

U.S. Dollars are not considered a negotiable instrument because they are currency, not a document promising payment like the others listed. Negotiable instruments include things like checks, notes, and certificates of deposit, which are formal financial instruments that promise the bearer or a specified individual payment of a particular amount of money either on demand or at a set time.

Which of the Following Is Not a Negotiable Instrument