A promise or order is payable at a definite time if it is payable:
A) at a time readily ascertainable at the time the promise or order is issued.
B) at a fixed date or dates.
C) at a definite period of time after sight or acceptance.
D) All of these.

Question

Quizplus · Accepted Answer

A promise or order is considered payable at a definite time if it meets any of the conditions listed: a time readily ascertainable when issued, a fixed date or dates, or a definite period after sight or acceptance.

A Promise or Order Is Payable at a Definite Time