Multiple Choice
The Code provides that which of the following provisions may be included in an instrument without adversely affecting negotiability?
A) A power to give collateral to secure payment
B) Authorization to confess judgment on the instrument
C) Waiver of the benefit of any law intended for the protection of the obligor
D) All of these
Correct Answer:
Verified
Correct Answer:
Verified
Q28: The drawee is the individual who signs
Q29: Which of the following would be a
Q30: A definite time required for negotiability would
Q31: An "X" or a thumbprint could constitute
Q32: The person who signs a note and
Q34: Javon signed a 90-day note promising to
Q35: A time draft is one payable upon
Q36: Where both words and numerals are used
Q37: Payment to a named payee by a
Q38: All but which of the following is