Multiple Choice
To be negotiable,a check must be in writing.Under the UCC,a check
A) must be written on standard size paper of 6" × 2.5."
B) must be written on an official bank form.
C) need not be on any official form or even on paper.
D) must be written on a pre-printed bank issued check.
Correct Answer:

Verified
Correct Answer:
Verified
Q7: A possessor of non-negotiable commercial paper has
Q8: Kent Weston wrote a check for $500
Q9: There are three parties on a promissory
Q10: In June,The Seascape Gallery sells an oil
Q11: Because negotiable instruments are more valuable than
Q13: TriColor purchased an industrial stamping machine from
Q14: A bank that draws a check on
Q15: There are two types of commercial paper:
Q16: Value means that the holder of an
Q17: Under the UCC,a holder in due course