Which of the following would NOT be negotiable? Explain.
a.A check with the amount payable omitted.
b.A draft for 3,000 bushels of corn.
c.A check written in pencil on a paper towel.
d.A note stating that it is secured by a mortgage on a specified parcel of land.
e.A note stating "IOU fifty dollars."

Question

Quizplus · Accepted Answer

The Answer of Which of the following would NOT be negotiable? Explain.
a.A check with the amount payable omitted.
b.A draft for 3,000 bushels of corn.
c.A check written in pencil on a paper towel.
d.A note stating that it is secured by a mortgage on a specified parcel of land.
e.A note stating "IOU fifty dollars."

Which of the Following Would NOT Be Negotiable? Explain