The Uniform Commercial Code requires an "instrument payable at a definite time" to have a time easily determined from the document itself.
Correct Answer:
Verified
Q6: A draft is an order by a
Q7: An ordinary IOU satisfies the "unconditional promise
Q8: The person creating the endorsement is the
Q9: The law recognizes an oral negotiable instrument
Q10: An order instrument is payable to a
Q12: Negotiation is the transfer of possession to
Q13: An automated signature satisfies the Uniform Commercial
Q14: Order paper must be endorsed as well
Q15: A note is a promise by the
Q16: A negotiable instrument is not a substitute
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