If an instrument states no time for payment, the note is payable on demand.
Correct Answer:
Verified
Q18: Article 2 of the Uniform Commercial Code
Q19: Commercial paper are transferable, written, signed promises
Q20: Commercial paper facilitates the transfer of funds
Q21: An unconditional written promise made by one
Q22: The party who writes or creates a
Q24: An authorized agent signing an instrument will
Q25: Article 3 of the UCC establishes a
Q26: If an order or promise is not
Q27: If a check is made payable to
Q28: If instrument is negotiable, it can be:
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents