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Which of the Following Statements Is True of a Negotiable

Question 63

Multiple Choice

Which of the following statements is true of a negotiable instrument?


A) It should be signed by the payee.
B) It can be either written or oral.
C) It should not require any undertaking other than the payment of money.
D) It need not state a fixed amount of money and can include a service that needs to be rendered.

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