A cheque made payable "after the building is completed" can qualify as a negotiable instrument.

Name: A cheque made payable "after the building is completed" can qualify as a negotiable instrument.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A negotiable instrument must have a fixed date or be payable on demand; a condition like "after the building is completed" introduces uncertainty about the time of payment, making it non-negotiable.

A Cheque Made Payable "After the Building Is Completed" Can