The nature of an instrument, such as a check, may indicate that it is payable on demand.
Correct Answer:
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Q19: Commonly used in international trade, a draft
Q20: A trade acceptance is created when, as
Q21: Stating with certainty a fixed amount of
Q22: With an order instrument, the payee must
Q23: If an instrument does not specify a
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
Q29: An instrument is negotiable even if the
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