Multiple Choice
Which of the following is correct with respect to negotiability?
A) The writing requirement means that a check must be written on paper.
B) An order or promise to pay only out of a particular fund is permissible under Revised Article 3.
C) Money must be in U.S.dollars.
D) A negotiable instrument must be payable at a definite time.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Which of the following will destroy negotiability?<br>A)
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
Q11: Paper payable "on demand" fails the test
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