Multiple Choice
A promissory note payable "on the day of the next presidential election" is
A) nonnegotiable.
B) unenforceable.
C) void.
D) negotiable.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q38: An instrument is payable to _ if
Q39: A negotiable instrument is<br>A) required to be
Q40: The signature on a negotiable instrument must<br>A)
Q41: A negotiable promissory note must contain<br>A) a
Q42: Today check processing is done electronically. Consequently
Q44: For an instrument to be negotiable it
Q45: A check is always payable on demand.
Q46: A promissory note is not negotiable if
Q47: What is the importance of placing the
Q48: If an instrument contains an order or