Which of the following is NOT an element of negotiability?
A)must contain a signature
B)must be written
C) must be payable on demand
D) must state the amount to be paid

Question

Quizplus · Accepted Answer

Negotiability refers to the qualities that make a written document a negotiable instrument. While a negotiable instrument must contain a signature, be in writing, and state a specific amount to be paid, it does not have to be payable on demand. A negotiable instrument can also be payable at a definite time.

Which of the Following Is NOT an Element of Negotiability