A "negotiable instrument" is one that can be
A) Adjusted by negotiation between parties involved
B) Sold to others
C) Changed only at periodic intervals
D) An agreement to negotiate with another

Question

Quizplus · Accepted Answer

Negotiable instruments, such as checks, promissory notes, and bills of exchange, can be transferred from one party to another. When a negotiable instrument is transferred, the holder in due course acquires the right to collect the amount due.

A "Negotiable Instrument" Is One That Can Be