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Diners Restaurant Issues an Instrument in Favor of Eatery Supplies

Question 2

Multiple Choice

Diners Restaurant issues an instrument in favor of Eatery Supplies, Inc. For the instrument to be negotiable, it need not


A) be an unconditional promise or order to pay.
B) be payable on demand or at a specific time.
C) be signed by Diner's Restaurant.
D) recite the consideration given in exchange for a promise to pay.

Correct Answer:

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