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Which of the Following Is True If an Instrument Is

Question 50

Multiple Choice

Which of the following is true if an instrument is undated?


A) Its date is the date it is signed by the maker or the drawer.
B) Its date is the date it is issued by the maker or the drawer.
C) Its date is the date it is received by the payee.
D) The instrument is nonnegotiable if it is undated.

Correct Answer:

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