Question: To operate practically as a substitute for cash or a credit device, a negotiable instrument must be a. payable without recourse. b. qualified with a

To operate practically as a substitute for cash or a credit device, a negotiable instrument must be a. payable without recourse. b. qualified with a promise to set aside the qualification. c. transferable without the danger of being uncollectable. d. conditional without the risk of being collectable

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