True/False
A promissory note is negotiable even if it does not state that it is payable on demand or at a definite time.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q9: For an instrument to be negotiable, it
Q10: An instrument payable "with interest" must specify
Q46: Fact Pattern 24-2A <br>Quantity Sales Corporation and
Q49: An acceptor is a drawee who has
Q50: To be negotiable, an instrument must be
Q52: An order stating "I wish you would
Q53: Gail owes $5,000 in unpaid taxes. Using
Q54: An extension clause on an instrument is
Q55: A promissory note is not negotiable if
Q56: A notation on an instrument that it