True/False
Paper payable "on demand" fails the test of negotiability in that it does not contain a specific time.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q6: Which of the following will destroy negotiability?<br>A)
Q7: Negotiability is wholly a matter of form.
Q8: An instrument which is ambiguous as to
Q9: What are the requirements of negotiability under
Q10: Which of the following is correct with
Q12: Which of the following is correct with
Q13: An instrument paying a fixed amount in
Q14: A form of time draft known as
Q15: To be negotiable,an instrument must be in
Q16: A substitute check created under Check 21