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    Exam 28: Kinds of Instruments, parties, and Negotiability
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    An Instrument Is Payable on Demand If It Is Payable
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An Instrument Is Payable on Demand If It Is Payable

Question 18

Question 18

Multiple Choice

An instrument is payable on demand if it is payable:


A) on or before a stated date.
B) at sight or presentation.
C) at a fixed time after acceptance.
D) all of the above.

Correct Answer:

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