Layla executes a preprinted promissory note to Metro Financial without filling in the due date. Metro completes the form with a due date that Layla authorized. The note is
A)not payable.
B)payable on the stated due date.
C)payable on demand.
D)payable at the election of the maker.

Question

Quizplus · Accepted Answer

Since Layla authorized Metro Financial to fill in the due date, the note is considered valid and payable on the stated due date.

Layla Executes a Preprinted Promissory Note to Metro Financial Without