Multiple Choice
Under the UCC which of the following statements is sufficient to make a promise or order to pay conditional?
A) "I promise to pay from the corporate account."
B) "I promise to pay as per the contract for the sale of goods between the parties."
C) "I promise to pay because I owe the money."
D) "I promise to pay if the following occurs."
E) "Borrower may pay without penalty all or a portion of the amount owed earlier than it is due."
Correct Answer:

Verified
Correct Answer:
Verified
Q52: Belinda asks Jordan to explain what an
Q53: A substitute for cash, or _, is
Q54: What are the two exceptions to the
Q55: Salma arranged with ABC Bank for a
Q56: [Yard Mowing] Sophie agreed to mow Reza's
Q58: Documents used as payments to facilitate commercial
Q59: The term that stands for the time
Q60: What two characteristics must a written document
Q61: Which of the following is false regarding
Q62: A negotiable instrument is a written document