menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Principles and Practices
  4. Exam
    Exam 19: Nature and Types of Negotiable Instruments
  5. Question
    Negotiable Instruments Can Be Used Either as a Substitute for Money
Solved

Negotiable Instruments Can Be Used Either as a Substitute for Money

Question 32

Question 32

True/False

Negotiable instruments can be used either as a substitute for money or as a means of extending credit.

Correct Answer:

verifed

Verified

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

Related Questions

Q27: There is no such thing as an

Q28: An "X" or a thumb print qualifies

Q29: It is not a requirement of a

Q30: A promissory note states that the note

Q31: The words "value received" inserted on the

Q33: One way to classify a negotiable instrument

Q34: In regard to a promissory note, the

Q35: An IOU for $500 is<br>A) illegal.<br>B) a

Q36: A check made payable to "Cash" is<br>A)

Q37: A certificate of deposit is actually a

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