Brie wants one of Cari's purebred Dalmations. Brie signs an instrument in which she promises to pay Jasmine for a puppy. The instrument will be negotiable if it is payable in
A) goods of equal market value.
B) money.
C) any of the choices.
D) shares of stock.

Question

Quizplus · Accepted Answer

A negotiable instrument refers to a written agreement that can be transferred from one party to another. It is only considered negotiable if it meets specific criteria, one of which is being payable in money. Therefore, option B is the correct choice, as only money can make an instrument negotiable.

Brie Wants One of Cari's Purebred Dalmations