Multiple Choice
The UCC states that an instrument fulfills the requirements of being payable to bearer if it:
A) states it is payable to bearer or the order of bearer.
B) does not state a payee.
C) states it is payable to "cash" or to the order of "cash."
D) All of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: Negotiability is wholly a matter of form.
Q7: A _ is a specialized form of
Q23: Distinguish between a note and a certificate
Q38: In the development of the law of
Q48: Handwritten words supersede typewritten words contained in
Q60: An authorization to confess judgment on the
Q60: An instrument is payable to order if
Q61: Under the Check 21 Act:<br>A)banks must accept
Q62: An assignee of contractual rights acquires only
Q64: A promise or order is payable at