An instrument payable to the order of an identified person is a bearer instrument .
Correct Answer:
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Q16: To be negotiable, a mere acknowledgement of
Q17: For an instrument to be negotiable, a
Q18: Checks received as negotiable instruments act as
Q18: A negotiable instrument can be transferred by
Q19: For a note or a certificate of
Q20: A demand instrument is payable when payment
Q23: With respect to negotiability, it is not
Q24: When an instrument is payable on or
Q26: A restrictive indorsement prohibits the further negotiation
Q40: To be negotiable, if an instrument is
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