Question: To operate practically as a substitute for cash or a credit device, a negotiable instrument must be conditional without the risk of being collectable. qualified

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

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