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    Fundamentals of Business Law Study Set 1
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    Exam 18: Negotiability, transferability, and Liability
  5. Question
    An Instrument Including a Clause That Permits the Date of Maturity
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An Instrument Including a Clause That Permits the Date of Maturity

Question 35

Question 35

True/False

An instrument including a clause that permits the date of maturity to be ex?tended by the maker for "no more than a reasonable time" is negotiable.

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