An instrument is negotiable even if the payment is to be made from a fund that does not yet exist.
Correct Answer:
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Q24: The nature of an instrument, such as
Q25: If the numerical and written amounts on
Q26: If an instrument is payable within a
Q27: An instrument is not negotiable unless it
Q28: A promise that states an express condition
Q30: To determine the value of an instrument,
Q31: A note made in exchange for funds
Q32: To operate practically as a substitute for
Q33: On an instrument, a mere reference to
Q34: LNG LLC and Mainline Corporation enter a
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