A promise or order is only considered negotiable if ________.
A) the promise or order to pay is unconditional
B) it states that the promise or order is subject to or governed by another writing
C) the rights to the promise or order are stated in another writing
D) an express condition to payment is mentioned

Question

Quizplus · Accepted Answer

According to the rules of negotiability, a promise or order is only considered negotiable if it is unconditional. This means that the promise or order to pay must not be subject to any conditions or qualifications, such as the occurrence of a specific event or the performance of certain actions.

A Promise or Order Is Only Considered Negotiable If ________