Multiple Choice
To be negotiable, the instrument must satisfy all except which one of the following requirements?
A) It must contain a promise or order to pay.
B) It must be for a certain amount.
C) It must be payable on demand.
D) It must be signed.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q4: An assignee of contractual rights acquires only
Q5: In the development of the law of
Q6: A definite time required for negotiability would
Q7: Which article of the UCC governs "negotiable
Q8: A draft is payable "to the order
Q10: Which of the following would be an
Q11: An authorization to confess judgment on the
Q12: An instrument payable at a definite time
Q13: A check is a draft payable on
Q14: All but which one of the following