An instrument whose terms indicate payment to no particular person is payable to no one.
Correct Answer:
Verified
Q17: For an instrument to be negotiable, it
Q18: A personal check cannot be a negotiable
Q19: To be negotiable, an instrument must have
Q20: Rubber stamp signatures can be legally binding
Q21: Fact Pattern 25-1
Erin draws a check payable
Q23: To be negotiable, an instrument must be
Q24: A statement in an instrument that payment
Q25: To be negotiable, an order to pay
Q26: To be negotiable, an instrument must be
Q27: Fact Pattern 25-1
Erin draws a check payable
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