Tree Nursery signs an instrument that states with certainty a fixed amount to be paid at the time the instrument is payable. Fixed amount means that the amount must be
A)stated as a fixed, not a variable, rate.
B)ascertainable from the face of the instrument.
C)determinable before the time it is payable.
D)all of the choices.

Question

Quizplus · Accepted Answer

A fixed amount means that the amount must be ascertainable from the face of the instrument, ensuring clarity and certainty in the payment obligation.

Tree Nursery Signs an Instrument That States with Certainty a Fixed