Which of the following are examples of negotiable instruments?
A)Checks and oral agreements
B)Drafts and stocks
C)Notes and oral agreements
D)Checks,drafts,and notes
E)Checks and drafts,but not notes

Question

Quizplus · Accepted Answer

Uniform Commercial Code Section 3-104 recognizes four specific types of negotiable instruments: notes,certificates of deposits (a highly specialized type of note),drafts,and checks,(a highly specialized type of draft).

Which of the Following Are Examples of Negotiable Instruments