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  3. Study Set
    Business Law Text and Exercises Study Set 1
  4. Exam
    Exam 23: The Essentials of Negotiability
  5. Question
    Jared Writes Lisa a Check for $500
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Jared Writes Lisa a Check for $500

Question 2

Question 2

Multiple Choice

Jared writes Lisa a check for $500.Because the check does not specify a time of payment,it is considered a


A) certificate of deposit.
B) demand instrument.
C) nonnegotiable instrument.
D) promissory note.

Correct Answer:

verifed

Verified

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