An instrument which is ambiguous as to whether it is a draft or note,such as,"To Alma: On demand I promise to pay $200 to the order of Brittany.Signed,Christopher" must be treated as a note and be presented to Christopher for payment.
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Q28: To be negotiable,the instrument must satisfy all
Q29: An instrument paying a fixed amount in
Q30: Which of the following is not a
Q31: Postdating an instrument will destroy its negotiability.
Q33: The person who signs a note and
Q34: Bearer paper can be negotiable.
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Q36: Which of the following is not a
Q37: An "X" or a thumbprint could constitute
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