Multiple Choice
Sylvain attempted to draft a cheque in payment of a stereo that he wanted to purchase.A court subsequently held that the cheque was invalid.That may be TRUE because
A) Sylvain did not fill in the name of the payee.
B) the cheque was postdated.
C) Sylvain used a pencil rather than a pen.
D) Sylvain wrote the name of a fictional person in the space allocated to the name of the payee.
E) the amount was stated to be "a reasonable price for the stereo."
Correct Answer:

Verified
Correct Answer:
Verified
Q4: A share certificate may be a type
Q40: On January 1,Jasmine bought a speedboat from
Q41: Which of the following statements is TRUE
Q42: Suppose Sharwin purchased $25 000 in candles
Q44: Dina drew a cheque on her account
Q44: Alexandra bought a snow blower from Rajeev.The
Q46: Roxanna bought a stereo from Sound Electronics.She
Q47: On May 1,Emile bought a widget from
Q49: Fenna created a promissory note for $10
Q50: Hakim drafted a negotiable instrument and delivered