The law recognizes an oral negotiable instrument if the facts demonstrate the intent of the maker or drawer to create a negotiable instrument through words alone.

Name: The law recognizes an oral negotiable instrument if the facts demonstrate the intent of the maker or drawer to create a negotiable instrument through words alone.
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Question

Quizplus · Accepted Answer

Clearly,the law does not permit an oral negotiable instrument.According to the Uniform Commercial Code,a negotiable instrument must be a written document.

The Law Recognizes an Oral Negotiable Instrument If the Facts