True/False
A statement in an instrument that payment can be made only out of a particular fund renders it nonnegotiable.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q56: To be negotiable, an instrument must be
Q57: A demand instrument is payable immediately after
Q58: The most common type of draft is
Q59: To finance the purchase of a house
Q60: To be negotiable, an instrument must not
Q62: To finance the purchase of an electric
Q63: Oliver signs an instrument that states it
Q64: Consumer Loans LLC signs an instrument payable
Q65: To be negotiable, an instrument must be
Q66: Fact Pattern 25-1<br>Erin draws a check payable