In order for an instrument to become negotiable without investigation as to its validity through reference to circumstances or other documents,which of the following is the essential technical requirement that must be present?

Question

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The essential technical requirement that must be present for an instrument to become negotiable without investigation as to its validity through reference to circumstances or other documents is an unconditional obligation. This means that the instrument must contain a promise or order to pay a fixed amount of money without any conditions, qualifications, or contingencies. This feature ensures that the instrument can be transferred freely between parties without the need for further investigation or verification. While authorized signatures and endorsements may also be important for negotiability, they are not the essential technical requirement that allows the instrument to be considered valid without investigation.

In Order for an Instrument to Become Negotiable Without Investigation