Which of the following is an example of a negotiable instrument?
A) Checks but not drafts or promissory notes
B) Drafts and checks, but not promissory notes
C) Promissory notes, but not drafts or checks
D) Promissory notes and checks, but not drafts
E) Checks, drafts, and promissory notes

Question

Quizplus · Accepted Answer

Negotiable instruments are executed on a daily basis in the form of checks, certificates of deposit, drafts, and promissory notes in exchange for goods, services, or business financing.

Which of the Following Is an Example of a Negotiable