Multiple Choice
On May 1, Mia signs a check that is payable to the order of Nicole and that is dated July 1. This check is
A) negotiable.
B) nonnegotiable, because it is payable to a corporation.
C) nonnegotiable, because it is postdated.
D) nonnegotiable, because it is signed by the drawer.
Correct Answer:
Verified
Correct Answer:
Verified
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