menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Study Set 1
  4. Exam
    Exam 28: Kinds of Instruments, Parties, and Negotiability
  5. Question
    Once an Instrument Is Negotiable, It Can Be
Solved

Once an Instrument Is Negotiable, It Can Be

Question 28

Question 28

Multiple Choice

Once an instrument is negotiable, it can be:


A) paid.
B) cancelled.
C) assigned.
D) transferred by negotiation.

Correct Answer:

verifed

Verified

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

Related Questions

Q4: Negotiability is the characteristic that distinguishes commercial

Q9: The party who writes or creates a

Q26: Both drafts and promissory notes may have

Q26: An instrument is conditional if:<br>A) it contains

Q27: When the drawee of a draft has

Q29: An endorsement that does not name the

Q31: Which of the following terms would make

Q33: The person on whom the order to

Q41: Revised UCC Article 3 refers to which

Q45: A drawee on a draft has no

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