A negotiable instrument:
A) requires a fixed amount of money
B) must be in writing
C) is payable on demand or in the future
D) All of the choices are correct.

Question

Quizplus · Accepted Answer

Negotiable instruments must meet certain criteria, including being for a fixed amount of money, being in writing, and being payable on demand or at a future date. All the options listed are characteristics of negotiable instruments.

A Negotiable Instrument