A fundamental requirement for a negotiable instrument is that it must ________.
A) be supplemented with interest upon payment
B) be secured with collateral
C) contain a drawer, drawee, and a payee
D) be in a permanent state

Question

Quizplus · Accepted Answer

A negotiable instrument must be in a permanent state, meaning it should be written and signed in a form that is intended to be lasting and not easily altered.

A Fundamental Requirement for a Negotiable Instrument Is That It