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Which of the Following Is Assumed by the UCC If

Question 24

Multiple Choice

Which of the following is assumed by the UCC if an instrument is silent as to the time of payment?


A) That it is a demand instrument
B) That it is a time instrument
C) That it is a void instrument
D) That it is a voidable instrument
E) That it is a nonnegotiable instrument

Correct Answer:

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