True/False
If a note or draft contains a conspicuous statement that the promise or order is not negotiable,it is not a negotiable instrument even if it meets the test for negotiability.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q8: Payments made with a credit card and
Q13: Instruments cannot be negotiable if they are
Q39: A holder in due course is subject
Q46: Traveler's checks commonly require,as a condition to
Q50: If an instrument is negotiable,the general rules
Q53: An instrument payable on demand is:<br>A)not payable
Q55: Commercial paper is a form of contract
Q64: Which of the following is true if
Q65: Clint wrote a check to pay for
Q88: An instrument that is payable on the