Which of the following standards are required for negotiability? (a) The instrument must be signed by the
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Which of the following standards are required for negotiability?
(a) The instrument must be signed by the payee.
(b) The instrument must be payable on demand.
(c) The instrument must contain a promise or order to pay.
(d) The instrument must be dated.
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The correct answer is c The instrument must contain a promise or order to pay Explanation For an ins...View the full answer
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Related Book For
Essentials Of Business Law
ISBN: 9781337404198
6th Edition
Authors: Jeffrey F Beatty, Susan S Samuelson
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