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The Formal Requirements of Negotiable Instruments Include Each of the Following

Question 37

Multiple Choice

The formal requirements of negotiable instruments include each of the following EXCEPT


A) they must be in writing and signed by the creator or drawer.
B) there must be an unconditional obligation to pay a fixed amount of money.
C) they must indicate a specific time when payment is due.
D) they must indicate whether the payment is for money or assets.
E) they must be a transfer of the whole obligation.

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