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  3. Study Set
    Dynamic Business Law Study Set 1
  4. Exam
    Exam 17: Negotiable Instruments: Negotiability and Transferability
  5. Question
    An Ordinary IOU Satisfies the "Unconditional Promise or Order to Pay
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An Ordinary IOU Satisfies the "Unconditional Promise or Order to Pay

Question 71

Question 71

True/False

An ordinary IOU satisfies the "unconditional promise or order to pay" requirement for a negotiable instrument.

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