As a general rule,the promise or order to pay within a negotiable instrument must be ________ and not ________.
A)Specified;implied
B)Specified;exact
C)Implied;specified
D)Implied;exact
E)Exact;implied

Question

Quizplus · Accepted Answer

A)The promise or order to pay must be specified and not implied.The language
must be affirmative in nature [UCC 3-103a)9)].
B)The promise or order to pay must be specified and not implied.The language must be affirmative in nature [UCC 3-103a)9)].
C)The promise or order to pay must be specified and not implied.The language must be affirmative in nature [UCC 3-103a)9)].
D)The promise or order to pay must be specified and not implied.The language must be affirmative in nature [UCC 3-103a)9)].
E)The promise or order to pay must be specified and not implied.The language must be affirmative in nature [UCC 3-103a)9)].

As a General Rule,the Promise or Order to Pay Within