To be negotiable, the instrument must satisfy all except which one of the following requirements?
A) It must contain a promise or order to pay.
B) It must be for a certain amount.
C) It must be payable on demand.
D) It must be signed.

Question

Quizplus · Accepted Answer

An instrument does not necessarily have to be payable on demand to be negotiable; it can also be payable at a definite time.

To Be Negotiable, the Instrument Must Satisfy All Except Which