Question: Accelleration clauses keep the instrument negotiable. For example, language such as , At the option of the holder, this note shall become immediately due and

Accelleration clauses keep the instrument negotiable. For example, language such as

,

At the option of the holder, this note shall become immediately due and payable in the event that the maker fails to comply with any of the promises contained in this note or to perform any other obligation of the maker to the holder,

would constitute an accelleration clause.

Group of answer choices

True

False

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