To qualify as a negotiable instrument,an instrument in the form of a note must be signed by the:
A)payee.
B)drawee.
C)assignee.
D)maker.

Question

Quizplus · Accepted Answer

To qualify as a negotiable instrument,an instrument in the form of a note must be signed by the person undertaking to pay (the maker)and an instrument in the form of a draft must be signed by the person giving the instruction to pay (the drawer).

To Qualify as a Negotiable Instrument,an Instrument in the Form