Which of the following instruments would classify as a negotiable instrument?
A)A blank check.
B)A check that states,"Pay to the order of John Green."
C)A $100 bill.
D)A check payable to "X."
E)A check payable to "cash."

Question

Quizplus · Accepted Answer

A)An order instrument is a document that names a specific payee.
B)An order instrument is a document that names a specific payee.
C)An order instrument is a document that names a specific payee.
D)An order instrument is a document that names a specific payee.
E)An order instrument is a document that names a specific payee.

Which of the Following Instruments Would Classify as a Negotiable