menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Contemporary Business
  4. Exam
    Exam 20: Creation and Transfer of Negotiable Instruments
  5. Question
    The Mere Acknowledgement of a Debt Is Sufficient to Constitute
Solved

The Mere Acknowledgement of a Debt Is Sufficient to Constitute

Question 126

Question 126

True/False

The mere acknowledgement of a debt is sufficient to constitute a negotiable instrument.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q121: Promissory notes that are secured by real

Q122: An indorsee who does not comply with

Q123: The holder of an instrument wants that

Q124: Promissory notes can be made payable to

Q125: A qualified indorsement is created by placing

Q127: The concept of negotiation is unimportant to

Q128: Bob has received a check in the

Q129: Paul and Mary have just purchased a

Q130: An agent of a corporation who signs

Q131: Why are there so many different kinds

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines