Which of the following terms would make an instrument nonnegotiable?
A) It is dependent upon an event.
B) It is undated.
C) It is payable in foreign money.
D) It gives the holder the right to receive interest.
Correct Answer:
Verified
Q42: A check that is made out to
Q43: To be negotiable, an instrument must include
Q44: Conville signed a note as an officer
Q45: Order instruments are negotiated by:
A) delivery with
Q46: JeanClaude creates and signs a promissory note.
Q47: Any of the following constitutes a signature
Q48: George was the maker of a written
Q49: Bruce agrees to buy Joe's ranch. They
Q51: An action taken by a person on
Q52: When ambiguous language in an instrument exists:
A)
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