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Under the UCC Which of the Following Statements Is Sufficient

Question 57

Multiple Choice

Under the UCC which of the following statements is sufficient to make a promise or order to pay conditional?


A) "I promise to pay from the corporate account."
B) "I promise to pay as per the contract for the sale of goods between the parties."
C) "I promise to pay because I owe the money."
D) "I promise to pay if the following occurs."
E) "Borrower may pay without penalty all or a portion of the amount owed earlier than it is due."

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