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Builders Exchange, Inc

Question 6

Multiple Choice

Builders Exchange, Inc., issues an instrument in favor of Custom Construction Company. For the instrument to be negotiable, it must


A) ​be a conditional promise or order to pay.
B) ​be payable on demand or at a specific time.
C) ​be signed by the payee.
D) ​recite the consideration given in exchange for it.

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