menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Study Set 3
  4. Exam
    Exam 25: Negotiable Instruments
  5. Question
    If an Instrument Does Not Specify a Time for Payment
Solved

If an Instrument Does Not Specify a Time for Payment

Question 9

Question 9

True/False

If an instrument does not specify a time for payment and the instrument must be paid on presentment, it is not negotiable.

Correct Answer:

verifed

Verified

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

Related Questions

Q4: To be negotiable, an instrument must condition

Q5: Yun writes an instrument that states it

Q6: An instrument that orders the drawee to

Q7: Sport Souvenir LLC orders a gross of

Q8: Oren signs an instrument payable to the

Q10: For a drawee to be obligated to

Q11: A trade acceptance is created when, as

Q12: To be negotiable, if an instrument is

Q13: Motor Sales Inc. signs an instrument that

Q14: Jaime signs an instrument using a "J"

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