Which of the following are written documents signed by a party that makes an unconditional promise to pay a specific sum of money on demand or at a certain time to the holder of the instrument?
A) Negotiable instruments
B) Informal contracts
C) Simple contracts
D) Recognizances
E) Formal contracts

Question

Quizplus · Accepted Answer

Negotiable instruments are unconditional written promises to pay the holder a specific sum of money on demand or at a certain time.

Which of the Following Are Written Documents Signed by a Party