menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamentals of Business Law Today
  4. Exam
    Exam 17: Negotiability, transferability, and Liability
  5. Question
    Wilson Buys a Promissory Note from Oli
Solved

Wilson Buys a Promissory Note from Oli

Question 30

Question 30

Multiple Choice

Wilson buys a promissory note from Oli.The note is due on December 5.December 5 is a Sunday.The note is


A) payable anytime the week of December 6.
B) payable December 6.
C) payable on December 5 only.
D) defective.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: To buy a stuffed cow, Ken executes

Q11: InterComp normally sells $50,000 worth of software

Q21: To obtain a business license, Bess writes

Q25: To be negotiable,an instrument must be payable

Q26: To obtain office supplies for All-Care Medical

Q27: Personal defenses are used to avoid payment

Q28: Sarah has a checking account at Secure

Q32: A bearer instrument is an instrument that

Q33: Ralph signs an instrument promising to pay

Q35: Stature Loan Company has notice that a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines