Which of the following will destroy negotiability?
A) Leaving the name of the payee off a check
B) Making the check payable in British pounds
C) Signing a check with an "X"
D) Postdating the check

Question

Quizplus · Accepted Answer

Leaving the name of the payee off a check destroys negotiability because a negotiable instrument must be payable to order or to bearer, and without a designated payee, it cannot be properly negotiated. Making a check payable in foreign currency, signing with an "X" (if it is the authorized signature of the drawer), or postdating a check do not affect its negotiability.

Which of the Following Will Destroy Negotiability