Multiple Choice
A(n) __________ instrument's terms are enforceable, but the instrument is treated simply as a contract governed by contract law.
A) nonnegotiable
B) negotiable
C) accommodation
D) secondary
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q37: A check that is made out to
Q38: Article 2 of the Uniform Commercial Code
Q39: Bruce agrees to buy Joe's ranch. They
Q40: Commercial paper facilitates the transfer of funds
Q41: A promissory note that is payable "on
Q43: An action taken by a person on
Q44: A certificate of deposit is a written
Q45: The person to whom the order in
Q46: A nonnegotiable instrument's terms are not enforceable.
Q47: If a check is made payable to