Which is not a requirement for a negotiable instrument?
A)Date
B)Payable for a specific amount of money
C)Contains personal information (address,phone number,full name,etc.)
D)Signature by person who owns the account

Question

Quizplus · Accepted Answer

Personal information such as address, phone number, or full name is not necessary for a negotiable instrument. The key requirements for a negotiable instrument are that it is payable for a specific amount of money, contains an unconditional promise to pay or order payment, is in writing, and is signed by the person who owns the account. Some instruments may also require a date, but this is not always necessary.

Which Is Not a Requirement for a Negotiable Instrument