On May 1,Dooley signs a check that is payable to the order of Extra Credit Corporation and that is dated July 1.This check is

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The check is negotiable as it meets the essential requirements of a negotiable instrument, which include being in writing, signed by the maker (Dooley), containing an unconditional promise to pay a certain sum of money, and payable on demand or at a determinable future time (which in this case is July 1). While postdating a check is not a recommended practice, it does not make the check nonnegotiable. Similarly, the fact that it is payable to a specific company (Extra Credit Corporation) does not affect its negotiability.

On May 1,Dooley Signs a Check That Is Payable to the Order