Multiple Choice
A definite time required for negotiability would NOT be satisfied in which instance?
A) Payable on or before January 2, 2012.
B) Payable one week after demand is made.
C) Payable one year from the completion of the building.
D) Payable on June 15, 2012 or, if the building is not complete on that date, one year from that date.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: A reference in a negotiable instrument to
Q4: The Revised Article 3 of the UCC
Q12: All but which one of the following
Q13: Which of the following will destroy negotiability?<br>A)Making
Q14: Explain the effect that a reference to
Q15: Promissory notes serve an essential business purpose
Q15: Bill goes to First Bank to get
Q35: A provision in a promissory note payable
Q45: Which article of the UCC deals with
Q60: An authorization to confess judgment on the