Under Revised Article 3,a check which meets all the requirements of being a negotiable instrument except that it is not payable to bearer or order is nevertheless a negotiable instrument.
Correct Answer:
Verified
Q22: An instrument payable at a fixed time
Q23: Blaire buys some items at Friendly Grocery
Q24: Javon signed a 90-day note promising to
Q25: If Lake writes a check drawn on
Q26: A reference to another writing makes a
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.
Q32: An instrument which is ambiguous as to
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