Essay
Which of the following would NOT be negotiable? Explain.
a.A check with the amount payable omitted.
b.A draft for 3,000 bushels of corn.
c.A check written in pencil on a paper towel.
d.A note stating that it is secured by a mortgage on a specified parcel of land.
e.A note stating "IOU fifty dollars."
Correct Answer:
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a.The incomplete check is not negotiable...View Answer
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Correct Answer:
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