Multiple Choice
Which of the following would be a bearer instrument?
A) A check payable to "cash."
B) A check that says "pay to the order of John Jones."
C) A check that says "pay to the order of bearer."
D) A check payable to "cash" or a check that says "pay to the order of bearer."
Correct Answer:
Verified
Correct Answer:
Verified
Q24: Negotiable instruments:<br>A) include drafts, promissory notes, assignments,
Q25: Which of the following is not a
Q26: Expain whether each of the following would
Q27: To be negotiable, an instrument must be
Q28: Which of the following will destroy negotiability?<br>A)
Q30: Which of the following notes would not
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Q33: The drawee is the individual who signs
Q34: A promise or order is unconditional unless