Multiple Choice
Which of the following is assumed by the UCC if an instrument is silent as to the time of payment?
A) That it is a void instrument
B) That it is a demand instrument
C) That it is a voidable instrument
D) That it is a nonnegotiable instrument
E) That it is a time instrument
Correct Answer:
Verified
Correct Answer:
Verified
Q14: A check is always a[n] _ instrument
Q15: Negotiable instruments payable to whoever is bearing
Q16: With a[n] _ instrument,the payee or subsequent
Q17: Which statement is true regarding negotiation of
Q18: [Auto Repair] Sam writes a check from
Q20: The ancient _,or law of merchants,of _
Q21: Which Article of the UCC governs negotiable
Q22: An oral negotiable instrument is not permitted
Q24: Which of the following does not satisfy
Q75: What is the difference between a demand